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Infineon buys Marvell's Automotive Ethernet business for $2.5B to boost its microcontroller segment.
Infineon Technologies is acquiring Marvell Technology's Automotive Ethernet business for $2.5 billion in cash to expand its microcontroller segment.
The deal, expected to close by the end of 2025, includes Marvell's Brightlane Automotive Ethernet portfolio and is projected to generate $225-250 million in revenue with a 60% gross margin in 2025.
The acquisition will bolster Infineon's presence in the U.S. and enhance its capabilities for software-defined vehicles.
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Infineon compra el negocio Automotive Ethernet de Marvell por $2.5B para impulsar su segmento de microcontroladores.