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Inphi (IPHI) shares soar 34% pre-market after formally announcing it will be acquired by Marvell (MRVL) in a cash and stock transaction with an enterprise value of $40B.The transaction includes $66 in cash and 2.323 shares of the combined company for Inphi holders. Marvell sharehold...
Inphi (IPHI): Q3 GAAP EPS of -$0.07 beats by $0.12.Revenue of $180.6M (+91.7% Y/Y) in-line.Shares up 34% on news of being acquired by Marvell Tech for $10B.Press Release For further details see: Inphi EPS beats by $0.12, revenue in-line
SANTA CLARA, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Inphi Corporation (NASDAQ: IPHI), a leader in high-speed data movement interconnects, today announced financial results for its third quarter ended September 30, 2020. Inphi Corporation will not host a conference call to discuss its res...
Marvell Technology (MRVL) is nearing a deal to acquire Inphi (IPHI) for about $10B, according to a person familiar with the matter, adding to an already record year for chip industry deals.Marvell will pay 60% of the acquisition in stock, with the rest in cash, the person said. An announcemen...
MAYNARD, Mass. and SANTA CLARA, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Acacia Communications, Inc . (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, and Inphi Corporation (NASDAQ GS: IPHI), a leader in high-speed data movement inter...
SAN JOSE, Calif., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Inphi Corporation (NASDAQ: IPHI), a leader in high-speed data movement interconnects, today announced it will release its third quarter 2020 results for the quarter ended September 30, 2020 on Thursday, October 29, 2020, after the close of...
The Philadelphia Semiconductor Index is up 1.4% compared to the 0.9% gain for the tech sector (XLK) after a flurry of positive sector stories.NXP Semi hit a new 52-week high after reporting strong Q3 preliminary revenue results, driven by improvement in the automotive and mobile end...
Inphi (IPHI) will voluntarily transfer its stock exchange listing from the NYSE to the Nasdaq Global Select Market.The Nasdaq trading is expected to begin on October 14. “This move aligns with our vision of transitioning to a digital world as we partner with Nasdaq’s cutting-edg...
SAN JOSE, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, announced today that it will voluntarily transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Global Select Market ("Nasdaq")...
Inphi Corporation (IPHI) and Verizon Media have successfully validated a seamless upgrade from 100GbE QSFP28 optics, using Inphi’s COLORZ®, to 400GbE QSFP-DD over the same production Open Line System, using Inphi’s COLORZ® II.This demonstration consisted of adding a 40...
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Shareholders Approve the Proposed Acquisition of Inphi Corporation; Shareholders Approve Marvell's Reorganization of the Combined Company into Delaware PR Newswire SANTA CLARA, Calif., April 15, 2021 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MR...
SAN JOSE, Calif., March 25, 2021 (GLOBE NEWSWIRE) -- Inphi Corporation (NASDAQ: IPHI), a leader in high-speed data movement interconnects, today announced that it was honored with four 2021 Lightwave Innovation Reviews high scores, validating its leadership in electro-optics solutions for t...
Marvell Special Meeting and Inphi Special Meeting to be Held on April 15, 2021 Marvell and Inphi Boards of Directors Each Unanimously Recommends their Respective Shareholders and Stockholders Vote "For" the Approval of the Merger and "FOR" the Other Proposals Set Forth in the De...