Infineon further strengthens its number one position in automotive microcontrollers and boosts systems capabilities for software-defined vehicles with acquisition of Marvell’s Automotive Ethernet business
- Infineon enters into agreement for acquisition of Marvell Technology’s Automotive Ethernet business for US$2.5 billion.
- Transaction combines Infineon’s market-leading portfolio for automotive microcontrollers with benchmark Automotive Ethernet business of Marvell, accelerating Infineon’s system capabilities for software-defined vehicles.
- Additional growth opportunities to address future IoT applications such as humanoid robots.
- Business expected to generate revenue of US$225 - US$250 million in calendar year 2025 with a gross margin of around 60%.
- All-cash transaction to be financed from existing liquidity and additional debt.