Marvell (NASDAQ: MRVL) these days announced that it has finished its acquisition of Aquantia, Corp. (NYSE: AQ). Aquantia pioneered Multi-Gig generation – now the premise for high velocity networking in a broad range of programs from agency campuses to self sufficient cars. Marvell’s blended portfolio of enterprise-leading PHYs, switches and processors creates an remarkable networking platform and enables clients to increase structures that span megabits to terabits per 2nd.
“Our acquisition of Aquantia adds pretty progressive networking solutions and excellent engineering skills, permitting us to create an enterprise-leading combined signal design crew with a properly-mounted tune report of execution,” stated Matt Murphy, president and CEO of Marvell. “We’re now better placed to capitalize on market possibilities spanning our organization, data center and automobile clients. In particular, Marvell is poised to transform high pace in-automobile networking and in the end empower the destiny of self sustaining driving.”
As a part of the acquisition, Aquantia’s Chairman and CEO, Faraj Aalaei, is joining Marvell in a senior management position.
