Back    Zoom +    Zoom -
SoftBank Reportedly Mulling Acquisition of Marvell, Potentially Biggest Deal in Semiconductor History
Recommend
1
Positive
4
Negative
3
SoftBank (9984.JP) had explored earlier this year the possibility of taking over Marvell (MRVL.US), a fabless semiconductor company, Bloomberg News reported, citing sources familiar with the matter. Should it come true, it will be the largest deal in the history of the semiconductor industry.

The report also mentioned that SoftBank had offered Marvell an olive branch a few months ago, proposing to merge its chip designer ARM (ARM.US) with Marvell's business. The two parties, however, haven't yet reached an agreement, nor are they in active negotiations currently.

Related NewsBOCOMI Lifts Nvidia (NVDA.US) TP to US$240, Keeps Rating at Buy

AAStocks Financial News