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Read More »Marvell to buy chipmaker Cavium for $6bn in cash
Bloomberg Marvell Technology Group, a chipmaker looking to build itself a future outside of a declining area of the market, has agreed to buy Cavium Inc. for about $6 billion. The buyer will pay $40 in cash plus 2.1757 Marvell common shares for each Cavium share, according to a statement Monday. Marvell plans to use $1.75 billion in debt financing ...
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