Marvell to Sell Automotive Ethernet Business to Infineon for $2.5 Billion in Cash

Delivers Compelling Financial Returns for Marvell Shareholders SANTA CLARA, Calif., April 7, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has entered into a definitive agreement under which Infineon Technologies AG ("Infineon") will acquire Marvell's Automotive Ethernet business in an all-cash transaction valued at $2.5 billion. This business in fiscal 2026 is expected to generate revenue in the range of $225-2 ...