Marvell to Sell Automotive Ethernet Business to Infineon for $2.5 Billion in Cash
Marvell Technology (NASDAQ: MRVL) has announced a definitive agreement to sell its Automotive Ethernet business to Infineon Technologies AG for $2.5 billion in an all-cash transaction. The deal includes Marvell's Brightlane® Automotive Ethernet portfolio and related assets.
The business is projected to generate revenue between $225-250 million in fiscal 2026. The transaction, approved by Marvell's Board of Directors, is expected to close within calendar year 2025, subject to customary conditions and regulatory approvals.
The sale aligns with Marvell's transformation into a data infrastructure solutions provider, with data center end market now representing 75% of consolidated revenue in Q4 fiscal 2025.
Marvell Technology (NASDAQ: MRVL) ha annunciato un accordo definitivo per vendere il proprio business Automotive Ethernet a Infineon Technologies AG per 2,5 miliardi di dollari in una transazione interamente in contante. L'accordo include il portafoglio Automotive Ethernet Brightlane® di Marvell e gli asset correlati.
Si prevede che il business genererà ricavi compresi tra 225-250 milioni di dollari nell'anno fiscale 2026. La transazione, approvata dal Consiglio di Amministrazione di Marvell, dovrebbe chiudersi entro l'anno solare 2025, soggetta a condizioni consuete e approvazioni regolatorie.
La vendita è in linea con la trasformazione di Marvell in un fornitore di soluzioni per l'infrastruttura dei dati, con il mercato finale dei data center che ora rappresenta il 75% dei ricavi consolidati nel quarto trimestre dell'anno fiscale 2025.
Marvell Technology (NASDAQ: MRVL) ha anunciado un acuerdo definitivo para vender su negocio de Ethernet Automotriz a Infineon Technologies AG por 2.5 mil millones de dólares en una transacción totalmente en efectivo. El acuerdo incluye el portafolio de Ethernet Automotriz Brightlane® de Marvell y los activos relacionados.
Se proyecta que el negocio genere ingresos entre 225-250 millones de dólares en el año fiscal 2026. La transacción, aprobada por la Junta Directiva de Marvell, se espera que se cierre dentro del año calendario 2025, sujeto a condiciones habituales y aprobaciones regulatorias.
La venta se alinea con la transformación de Marvell en un proveedor de soluciones de infraestructura de datos, con el mercado final de centros de datos que ahora representa el 75% de los ingresos consolidados en el cuarto trimestre del año fiscal 2025.
마벨 테크놀로지 (NASDAQ: MRVL)는 자동차 이더넷 사업을 인피니온 테크놀로지 AG에 25억 달러에 현금 거래로 판매하기 위한 확정 계약을 발표했습니다. 이 거래에는 마벨의 Brightlane® 자동차 이더넷 포트폴리오와 관련 자산이 포함됩니다.
이 사업은 2026 회계연도에 2억 2500만에서 2억 5000만 달러의 수익을 창출할 것으로 예상됩니다. 마벨 이사회에서 승인한 이 거래는 일반적인 조건과 규제 승인을 조건으로 2025년 내에 완료될 것으로 예상됩니다.
이번 판매는 마벨이 데이터 인프라 솔루션 제공업체로 변모하는 것과 일치하며, 데이터 센터 최종 시장은 이제 2025 회계연도 4분기 통합 수익의 75%를 차지합니다.
Marvell Technology (NASDAQ: MRVL) a annoncé un accord définitif pour vendre son activité Ethernet Automobile à Infineon Technologies AG pour 2,5 milliards de dollars dans le cadre d'une transaction entièrement en espèces. L'accord comprend le portefeuille Ethernet Automobile Brightlane® de Marvell et les actifs connexes.
On prévoit que l'activité générera des revenus compris entre 225-250 millions de dollars au cours de l'exercice 2026. La transaction, approuvée par le conseil d'administration de Marvell, devrait être finalisée d'ici l'année civile 2025, sous réserve de conditions habituelles et d'approbations réglementaires.
La vente s'inscrit dans la transformation de Marvell en fournisseur de solutions d'infrastructure de données, le marché final des centres de données représentant désormais 75% des revenus consolidés au quatrième trimestre de l'exercice 2025.
Marvell Technology (NASDAQ: MRVL) hat eine endgültige Vereinbarung bekannt gegeben, um sein Automotive Ethernet-Geschäft an die Infineon Technologies AG für 2,5 Milliarden Dollar in einer Bartransaktion zu verkaufen. Der Deal umfasst Marvells Brightlane® Automotive Ethernet-Portfolio und verwandte Vermögenswerte.
Es wird prognostiziert, dass das Geschäft im Geschäftsjahr 2026 Einnahmen zwischen 225-250 Millionen Dollar generieren wird. Die Transaktion, die vom Vorstand von Marvell genehmigt wurde, soll im Kalenderjahr 2025 abgeschlossen werden, vorbehaltlich üblicher Bedingungen und behördlicher Genehmigungen.
Der Verkauf steht im Einklang mit Marvells Transformation zu einem Anbieter von Dateninfrastruktur-Lösungen, wobei der Endmarkt für Rechenzentren nun 75% des konsolidierten Umsatzes im vierten Quartal des Geschäftsjahres 2025 ausmacht.
- Substantial cash injection of $2.5 billion from the sale
- Strong valuation at ~10x expected fiscal 2026 revenue
- Strategic focus on core data infrastructure business with 75% revenue from data center segment
- All-cash transaction provides immediate value for shareholders
- Loss of future revenue stream from automotive ethernet segment ($225-250M projected for fiscal 2026)
- Reduction in business diversification by exiting automotive market
Delivers Compelling Financial Returns for Marvell Shareholders
"Marvell has transformed itself into a leading data infrastructure solutions provider, with the data center end market driving
Marvell plans to discuss the transaction on its upcoming conference call to review its first quarter of fiscal 2026 financial results, which is scheduled for Thursday, May 29, 2025, at 1:45 p.m. Pacific Time.
About Marvell
To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better.
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This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the "Risk Factors" section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
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