Marvell Closes XConn Technologies Acquisition

MT Newswires Live
02/11

Marvell Technology (MRVL) said Tuesday it completed the acquisition of XConn Technologies.

The acquisition is expected to contribute initial revenue starting in Q3 of fiscal 2027, ramping to a $50 million annualized run rate in Q4 of fiscal 2027. For fiscal 2028, the company said it expects $100 million in revenue.

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