Marvell Technology (a leader in data infrastructure semiconductor solutions) announced that it has entered into a definitive agreement under which Infineon Technologies will buy Marvell’s Automotive Ethernet business in an all-cash transaction valued at $2.5 billion.
This business is expected to generate revenue of $225 million to $250 million in fiscal 2026. This acquisition also includes Marvell’s Brightlane Automotive Ethernet portfolio and related assets.
Marvell’s Board approved this deal. And the deal is expected to close within this year, subject to customary closing conditions and regulatory approvals.
KEY QUOTE:
“Marvell has transformed itself into a leading data infrastructure solutions provider, with the data center end market driving 75% of consolidated revenue in the fiscal fourth quarter of 2025. We are immensely proud of the progress we have made in organically growing our Automotive Ethernet business. We believe this transaction delivers the strongest financial return for Marvell shareholders, given its compelling valuation. With Infineon’s optimized platform for automotive applications, we are confident the Automotive Ethernet business is well positioned for continued growth and success.”
- Matt Murphy, Chairman and CEO of Marvell
“The acquisition is a great strategic fit for Infineon as the global number one provider of semiconductor solutions to the automotive industry. We will leverage this highly complementary Ethernet technology by combining it with our existing, broad product portfolio to provide our customers with even more comprehensive, leading solutions for software-defined vehicles. The transaction will support our profitable growth strategy going forward, including new opportunities in the field of physical AI such as humanoid robots.”
- Jochen Hanebeck, CEO of Infineon
