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Infineon Acquires Marvell's Automotive Ethernet Business For $2.5B To Accelerate System Capabilities For Software-Defined Vehicles

Author: Benzinga Newsdesk | April 08, 2025 03:34am

Infineon enters into agreement for acquisition of Marvell Technology's Automotive Ethernet business for US$2.5 billion
Transaction combines Infineon's market-leading portfolio for automotive microcontrollers with benchmark Automotive Ethernet business of Marvell, accelerating Infineon's system capabilities for software-defined vehicles
Additional growth opportunities to address future IoT applications such as humanoid robots
Business expected to generate revenue of US$225 – US$250 million in calendar year 2025 with a gross margin of around 60%
All-cash transaction to be financed from existing liquidity and additional debt

Posted In: IFNNY MRVL