Marvell Closes on $10 Billion Inphi Deal, Expanding Data Center and 5G Business

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By Flemming in Business
Updated 3 years ago

Marvell Technology closed its $10 billion acquisition of Inphi on Tuesday after the transaction received the blessing of Chinese regulators. "We're thrilled to have gotten approval from China back in March... I think ahead of a lot of people's expectations," Marvell Technology CEO Matt Murphy told CNBC's Jim Cramer. "It's...

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