Marvell Technology Group
Categories
#317
Rank
$62.83B
Marketcap
United States
Country
Ms. Jean X. Hu (Chief Financial Officer)
Mr. Raghib Hussain (Pres of Products & Technologies)
Industrial Manufacturing
Technology
Summary
Marvell Technology, Inc., together with its subsidiaries, designs, develops and sells analogue, mixed-signal, digital signal processing, and embedded and standalone integrated circuits.
It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer System-on-a-Chip products and application processors.
The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fibre channel products, including host bus adapters, and controllers for server and storage system connectivity.
It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
History
Marvell was founded in 1995 by Dr Sehat Sutardja, his wife Weili Dai, and his brother Pantas Sutardja. The initial public offering on June 27, 2000, raised $90 million.
In 2006, the company acquired Intel's XScale microprocessor business, which allowed Marvell to expand its product lineup with additional integrated wireless and storage solutions. In 2008, Marvell released its first ARM-based processor, the SheevaPlug, which allowed users to easily set up a powerful home server.
In 2009, Marvell acquired Galileo Technology, a leader in semiconductor and networking solutions, further broadening its product portfolio. In 2011, Marvell released the first ARM-based server processor, the Armada XP, which enabled high-performance computing in the data centre.
In 2012, Marvell introduced the Avastar family of wireless products, which enabled wireless streaming of music and video and high-speed wireless connectivity. The same year, Marvell launched its Kinoma software platform, allowing developers to create powerful apps and services for mobile devices.
In 2014, Marvell announced a major partnership with Intel to create a new generation of cloud-based storage and networking solutions. This partnership has enabled Marvell to become a leader in the development of cloud storage solutions, such as the Kinoma Connect Cloud Storage and Kinoma Cloud Server.
In April 2016, CEO Sehat Sutardja and President Weili Dai were ousted from their posts after activist investor Starboard Value fund took a roughly 7 percent stake in the company. In July, Marvell appointed Matt Murphy as its new President and CEO.
On July 6, 2018, Marvell completed its acquisition of Cavium, Inc. On the same day, it announced the appointment of Syed Ali, Brad Buss and Edward Frank to the Marvell Board of Directors. In September 2019, Marvell completed the acquisition of Aquantia Corp.
In April 2021, Marvell completed the acquisition of Inphi Corporation. As part of the acquisition, Marvell reorganized so that the combined company is domiciled in Wilmington, Delaware.
Mission
Marvell Technology is committed to conducting its business ethically and responsibly. The company's mission is to operate in compliance with applicable laws and regulations while upholding the highest standards of integrity and ethics. In addition, Marvell strives to be a socially and environmentally responsible partner in the supply chain.
To achieve its mission, Marvell has established a comprehensive set of policies and procedures that cover various aspects of the company's operations. These policies and procedures are designed to ensure that Marvell complies with all relevant laws and regulations and that the company operates in an ethical and sustainable manner.
Marvell also focuses on being a socially and environmentally responsible partner in the supply chain. The company is committed to implementing internationally recognized standards and best practices to ensure that its products and services are manufactured in a responsible and sustainable manner. Marvell works with its suppliers to ensure that they adhere to these standards and practices as well.
Vision
Marvell's vision is to be a leader in providing innovative semiconductor solutions that enable customers to create high-performance, energy-efficient electronic devices. The company aims to leverage its expertise in designing and delivering cutting-edge technologies to enable its customers to differentiate themselves in the marketplace and address the ever-evolving needs of consumers and businesses.
To achieve this vision, Marvell is committed to investing in research and development to drive innovation, collaborating closely with customers to understand their needs and challenges, and delivering high-quality products and services that exceed their expectations. The company is also focused on fostering a culture of excellence, teamwork, and accountability, where employees are empowered to drive innovation and make a positive impact on the world.
In addition, Marvell's vision encompasses its commitment to social responsibility and sustainability. The company is dedicated to conducting its business in an ethical and responsible manner, minimizing its environmental impact, and contributing to the communities in which it operates. Through these efforts, Marvell aims to create long-term value for its stakeholders, including customers, employees, shareholders, and society as a whole.
Key Team
Mr. Mitchell Lee Gaynor (Exec. VP, Chief Admin. & Legal Officer and Sec.)
Mr. Daniel W. Christman (Exec. VP of Storage Products Group)
Dr. Sehat Sutardja Ph.D. (Co-Founder)
Ms. Weili Dai (Co-Founder)
Mr. Christopher Koopmans (Chief Operations Officer)
Mr. Willem A. Meintjes (Chief Accounting Officer)
Mr. Gary Ignatin (Exec. VP of Corp. Devel.)
Recognition and Awards
Products and Services
Marvell Technology is a leading provider of storage, networking, and connectivity solutions that power data centers, enterprise networks, and connected devices worldwide. The company offers a broad range of products and services designed to meet the needs of its customers in various industries.
Marvell's storage solutions include solid-state drives (SSDs), hard disk drives (HDDs), and storage controllers. Its networking solutions include Ethernet switches, network processors, and wireless connectivity products, while its connectivity solutions include Wi-Fi and Bluetooth chips, as well as controllers for Internet of Things (IoT) devices.
Marvell's products and services are used in a variety of applications, such as cloud computing, big data analytics, artificial intelligence, autonomous driving, and more. Its customers include leading technology companies, as well as businesses in other industries, such as automotive, healthcare, and finance.
In addition to its products and services, Marvell also offers a range of support and consulting services to help its customers with product development, testing, and deployment. The company has a strong focus on innovation and invests heavily in research and development to stay at the forefront of emerging technologies and market trends.
References
https://en.wikipedia.org/wiki/Marvell_Technology
https://www.crunchbase.com/organization/marvell-semiconductor
https://sec.report/CIK/0001835632
https://finance.yahoo.com/quote/MRVL/
https://www.comparably.com/companies/marvell-technology/mission
https://companiesmarketcap.com/largest-companies-by-revenue/
https://www.forbes.com/companies/marvell-technology/
https://www.bloomberg.com/profile/company/0UBI:LN
https://www.reuters.com/companies/MRVL.O
https://www.globaldata.com/company-profile/marvell-technology-group-ltd/
Ms. Jean X. Hu (Chief Financial Officer)
Mr. Raghib Hussain (Pres of Products & Technologies)
Industrial Manufacturing
Technology