We’re Building the Future of Data Infrastructure

Marvell President and CEO, Matt Murphy, joined Jim Cramer and the team of CNBC’s Squawk Alley to talk about the impact of COVID-19 on the semiconductor market, including 5G, the broader business community and the company’s unwavering mission.

Matt shared his thoughts on the critical role that semiconductor technology plays in the current world crisis, particularly given the excess load that has been put on every nation’s data infrastructure due to remote work. And, how semiconductors are the essential building blocks of the networks of the world – from 5G to cloud infrastructure to advanced interconnect products.

“Companies are re-thinking their work force and footprint and 5G is a critical part of that. “5G will play a key role not only because of the bandwidth, improved data rates, but the lower latency and improved reliability of that network I think will be a big deal for remote work and different ways of working in the future.”

Today marks the close of the acquisition of Avera Semi.

Avera brings over two decades of expertise developing custom ASIC solutions for the infrastructure market, further enabling Marvell to offer a full suite of leading semiconductor solutions. With this acquisition, Marvell will provide the complete spectrum of product architectures spanning standard, semi-custom to full ASIC solutions. We are proud to offer world class custom ASIC design services to our OEM partners.

To learn more, read our latest press release: https://www.marvell.com/company/news/pressDetail.do?releaseID=11497.

Marvell today announced that it has successfully completed its acquisition of Aquantia.

Aquantia pioneered Multi-Gig technology – now the basis for high speed networking in a broad range of applications from enterprise campuses to autonomous cars.  Their portfolio complements Marvell’s industry-leading PHYs, switches and processors, creating an unparalleled networking platform and enabling customers to develop systems that span megabits to terabits per second. To learn more, read our latest press release https://www.marvell.com/company/news/pressDetail.do?releaseID=11257.

Monday, August 26, marked the anniversary of the Nineteenth Amendment being signed into law and granting American women the constitutional right to vote.  To commemorate the impending 100-year celebration, the Silicon Valley Leadership Group kicked off a series of organized events meant to honor women trailblazers and host a call to women leaders from all walks of life.  Built into our core values around diversity and equality, empowering women to be leaders is important to Marvell and its executive leadership team, and the company was a proud sponsor of Monday’s event.

The day-long series of panel discussions celebrating the achievements of women since the suffrage movement took place at NASA’s Ames Research Center in Mountain View and was filled with some of the most accomplished women in Silicon Valley and the country.

Monday’s event featuring House Speaker Nancy Pelosi, the highest-ranking woman in U.S. politics and second in line to the presidency, Anna Eshoo, the Democratic congresswoman, whose district includes Moffett Field, and NASA astronaut, Megan McArthur, focused more broadly on women leadership and the state of gender equality in business.

The day included a panel called Women in Innovation and another named Women Leaders Across Generations, each moderated and filled with some of the top women at local and national companies like Silicon Valley Bank, Ripple, eBay, AT&T, Genentech, NASA, Marvell, Micron, and the San Francisco 49ers. Marvell’s Chief Compliance Officer, Regan MacPherson, moderated the latter during which science and tech executives used their own experiences to frame a conversation on how far women have come and how far they still must go.

Marvell President and CEO Matt Murphy joined Jim Cramer, host of the widely acclaimed finance television program, Mad Money, for an engaging discussion on where Marvell has been and where the company is headed.

Jim was interested in learning more about the four deals that Marvell announced over the last month including the acquisitions of Aquantia and Avera, and the 5G growth opportunities moving forward.

In his interview with Jim, Matt highlighted the key technologies needed to play in the infrastructure market—processors, networking, storage and security—all of which Marvell has.  Aquantia helps Marvell strengthen its move to the connected car where a best-in-class network is needed to address the trends in autonomous vehicles, electrification, and safety/security, and the shift from analog interfaces to Ethernet technology.

With the acquisition of Avera, Marvell essentially double downs on 5G, Matt explains.  He emphasizes that the 5G cycle is just beginning —“not even in the first inning yet”— with the build-out of this infrastructure starting now and continuing robustly through 2020.  Avera’s biggest end market exposure is base stations and Avera will enable a new custom chip design business for Marvell.

To hear more from Matt and Jim’s discussion, and learn about how Marvell is at the infrastructure epicenter to address 5G, the cloud, AI, enterprise hardware and the connected car, click the below video.

Marvell Technology CEO: We are ‘extremely well positioned’ for 5G from CNBC.