Appleby Advised on Nasdaq-Listed Marvell’s Acquisition of XConn Technologies
Appleby is delighted to have acted as Cayman Islands counsel for NASDAQ listed Marvell Technology, Inc. on its definitive
Appleby Advised on Nasdaq-Listed Marvell’s Acquisition of XConn Technologies
Appleby is delighted to have acted as Cayman Islands counsel for NASDAQ listed Marvell Technology, Inc. on its definitive agreement to acquire XConn Technologies, a provider of advanced PCIe and CXL switching silicon.
Marvell will acquire XConn for consideration valued at approximately $540 million.
The acquisition expands Marvell’s switching portfolio by adding XConn’s PCIe and CXL products and augments Marvell’s Ultra Accelerator Link scale-up switch team, adding highly experienced engineering talent with deep domain expertise in high-performance switching.
The Appleby deal was led by Jacob MacAdam (Partner) and Vance Power (Counsel).
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