NXP Buying Marvell’s Wi-Fi/Bluetooth Unit For $1.76 Billion

Posted by at 2:52 pm on June 5, 2019

Marvell is selling its Wi-Fi chip business to NXP Semiconductors for $1.76 Billion.

The all-cash acquisition includes Marvell’s Wi-Fi and Bluetooth technology and related assets, and will allow the automotive industry’s biggest chip supplier to offer customers a broader range of options to connect devices to the internet.

 

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