Vallari Srivastava / Reuters:

Infineon agrees to acquire Marvell's Automotive Ethernet business for ~$2.5B in cash; the unit is expected to generate revenue of $225M to $250M in FY 2026  —  German chipmaker Infineon Technologies (IFXGn.DE) said on Monday it would buy Marvell Technology's (MRVL.O) automotive ethernet business for about $2.5 billion in cash.

Vallari Srivastava / Reuters:

Infineon agrees to acquire Marvell's Automotive Ethernet business for ~$2.5B in cash; the unit is expected to generate revenue of $225M to $250M in FY 2026  —  German chipmaker Infineon Technologies (IFXGn.DE) said on Monday it would buy Marvell Technology's (MRVL.O) automotive ethernet business for about $2.5 billion in cash.

Source: TechMeme
Source Link: http://www.techmeme.com/250407/p31#a250407p31