Late consolidation
Chipmaker Marvell is going to would buy smaller rival Cavium in a deal valued at about $6 billion.
Marvell wants to gain scale in a semiconductor industry that is rapidly consolidating and it is pretty late to the "buy-out-your-rival" game.
Under the deal, Marvell will offer $40.00 per share in cash and 2.1757 of its shares for each Cavium share.
The exchange ratio w
Chipmaker Marvell is going to would buy smaller rival Cavium in a deal valued at about $6 billion.
Marvell wants to gain scale in a semiconductor industry that is rapidly consolidating and it is pretty late to the "buy-out-your-rival" game.
Under the deal, Marvell will offer $40.00 per share in cash and 2.1757 of its shares for each Cavium share.
The exchange ratio w
