Marvell Tech Group (MRVL) 9.82 $MRVL
After Yesterday's Decline of 5.56%, Marvell Technology Offers Investors Better Value
Comtex SmarTrend(R) - Fri Jun 10, 1:39PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.63 to a high of $10.12. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $9.95 on volume of 11.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
Marvell Technology Falls 5.56% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jun 10, 1:38PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.63 to a high of $10.12. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $9.95 on volume of 11.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Appointment of Andy Micallef as Chief Operations Officer
PR Newswire - Mon Jun 06, 3:05PM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the appointment of Andy Micallef as Chief Operations Officer, effective immediately. In his new role, Mr. Micallef will be responsible for driving Marvell's operations related to chip production and management of vendors and process partners.
MRVL: 9.82 (-0.44)
Marvell's Dynamic Multi-Hop Relay Technology Enables Extended Wi-Fi Range for the Connected Home Ecosystem
PR Newswire - Wed Jun 01, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced that its advanced Avastar® wireless connectivity combos can now enable Dynamic Multi-Hop Relay (DMHR) Technology. DMHR, when integrated with Marvell's advanced Avastar wireless connectivity devices 88W8887, 88W8997 and 88W8977, is designed to enable Wi-Fi® devices to support a robust extended wireless coverage by intelligently linking and sharing data or audio/video in a daisy chain topology.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Appointment of Chris Koopmans as EVP of Marketing and Sales
PR Newswire - Tue May 31, 7:45AM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced the appointment of Chris Koopmans as Executive Vice President of Marketing and Sales, effective June 1, 2016. In his new role, Mr. Koopmans will lead Marvell's global Marketing and Sales organizations. He will be responsible for defining market opportunities where Marvell's core competencies in System on Chip Design can be most effectively applied. In addition, he will be responsible for enhancing the technical expertise of the Marvell Sales force and executing on market opportunities ultimately leading to the Company's next phase of profitable growth. Chris Koopmans will also be driving a newly created Program Management Office to help empower greater efficiency in the Company's overall product and R&D roadmaps.
MRVL: 9.82 (-0.44)
Marvell Launches Advanced Suite of IoT Application Processors for Home Automation, Industrial, and Wearable Applications
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today launched a highly optimized suite of IoT application processors for home automation, industrial, and wearable applications. Purpose-built as part of Marvell's IoT Application Processor (IAP) family of products, the IAP220 System-on-Chip (SoC) enables the low-power and high-performance computing necessary for many IoT products, and features an ARM® Cortex®-A7 dual core processor.
MRVL: 9.82 (-0.44)
Marvell Disrupts the Switch Market with Programmable Access Switch Optimized for 2.5GbE Deployment with 40GbE Uplinks
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the Prestera® 98DX325x campus programmable switch. The 98DX325x switch is optimized for 24- and 48-ports of 2.5 Gigabit Ethernet (GbE), and has dedicated 10GbE and 40GbE uplinks and stacking ports. The devices offer wire speed packet processing bandwidth of 168Gbps in an optimized and compact footprint, and are now available for sampling.
MRVL: 9.82 (-0.44)
Marvell Introduces Feature-Rich 10GbE Aggregation Switch
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the Marvell® 98DX83xx 10 Gigabit Ethernet (GbE) Campus aggregation switch with large and flexible fan-out 10GbE and 40GbE Ethernet ports. Extending Marvell's Prestera® DX family, the 98DX83xx family of multi-layer Ethernet switch devices is a new generation of highly-integrated packet processors built for service delivery in Campus 10GbE LAN access and aggregation switches, storage aggregation and server connectivity in the private cloud. The new product also can be implemented in interconnect applications requiring low-power 40GbE and 10GbE connectivity. The device is expected to be available in June 2016.
MRVL: 9.82 (-0.44)
Marvell Releases New ARMADA Hyperscale Virtual SoC Families Featuring the ARM Cortex-A72 CPU with Advanced Networking and I/O Support
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the availability of production samples of the industry's first ARM® Cortex®-A72 based system-on-chip (SoC) families built on Marvell's ground-breaking MoChi(TM) architecture, the Marvell® ARMADA® 7000 and 8000. Marvell's ARMADA 7000 and 8000 families are scalable and are ideally suited for a wide range of IP appliances, data center, enterprise, small-to-medium business (SMB), and small office home office (SoHo) applications. The Marvell ARMADA 7000 (88F70x0) and 8000 (88F80x0) each feature dual- and quad-core ARM Cortex-A72 processors, delivering a high level of integration and efficiency as well as leading performance and power. These new offerings further strengthen Marvell's embedded processor leadership, expanding its award-winning ARMADA product suite. Both device families are already sampling with Tier-1 vendors around the globe and are in active designs.
MRVL: 9.82 (-0.44)
Marvell Introduces New Family of High-Performance RAID Storage Controllers with Eight 6Gbps SATA Ports
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the Marvell® 88RC13xx family of high-performance RAID storage controllers with a full set of features that include eight 6Gbps SATA ports, four lanes of PCI Express 3.0, and a 10Gbps USB 3.1 device port with Type-C connector support. The product line consists of a high performance AHCI RAID on chip (ROC), an innovative NVMe ROC, a DRAM-less input/output (I/O) processor with HW RAID 0, 1, 10 and a cost-effective I/O controller. These products service a range of markets, including cloud infrastructure, enterprise storage arrays, SATA Host Bus Adapters (HBA), networked video surveillance, external directly attached USB 3.1 and Thunderbolt-3 storage (DAS), and entry-to-mid-range servers. The AHCI ROC is currently sampling to Marvell customers; the other products will be available in 2017.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Appointment of Mitchell Gaynor as Chief Legal Officer
PR Newswire - Thu May 19, 7:45AM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced the appointment of Mitchell L. Gaynor as Executive Vice President, Chief Legal Officer, and Secretary of the Company, effective May 23, 2016.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Declares Quarterly Dividend Payment
PR Newswire - Wed May 18, 3:15PM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced that the Board of Directors has approved a quarterly dividend payment of $0.06 per share to all shareholders of record as of June 14, 2016. Marvell intends to pay the dividend on July 12, 2016.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Appointment of Michael Strachan to Board of Directors
PR Newswire - Wed May 18, 7:45AM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced that the Board of Directors has approved the appointment of Michael Strachan as an independent Director of the Company, effective immediately. Mr. Strachan's appointment expands the number of Board members to eleven Directors.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Receives Extension to Remain Listed on Nasdaq Stock Market
PR Newswire - Tue May 03, 7:45AM CDT
Marvell Technology Group Ltd. (Nasdaq: MRVL) today announced that the Company has received written notification from Nasdaq that, following Marvell's hearing before The Nasdaq Hearings Panel on April 14, 2016, it has granted the Company an extension of time to September 6, 2016 to regain compliance with continued listing requirements. Until that time, shares of Marvell stock will remain listed on The Nasdaq Stock Market.
MRVL: 9.82 (-0.44)
Marvell Technology Set to Possibly Rebound After Yesterday's Selloff of 2.35%
Comtex SmarTrend(R) - Mon May 02, 4:34PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.68 to a high of $10.01. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $9.91 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
Look for Shares of Marvell Technology to Potentially Rebound after Yesterday's 2.35% Sell Off
Comtex SmarTrend(R) - Mon May 02, 4:32PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.68 to a high of $10.01. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $9.91 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
Marvell Announces Appointment of Mr. Richard S. Hill to Chairman of the Board of Directors
PR Newswire - Mon May 02, 3:30PM CDT
Marvell Technology Group Ltd. (NASDAQ:MRVL), a global leader in providing complete silicon solutions, today announced the appointment of Mr. Richard S. Hill as Chairman of the Board of Directors, effective May 1, 2016. Mr. Hill was selected to the position based on his decades of practical experience and technology leadership.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Agreement with Starboard
PR Newswire - Wed Apr 27, 7:45AM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced that it has entered into an agreement with Starboard Value LP, which has a beneficial ownership of approximately 6.5% of the Company's outstanding common stock, regarding the composition of Marvell's Board of Directors. Under the terms of the agreement, Marvell's Board of Directors will elect Peter A. Feld, Richard S. Hill and Oleg Khaykin to the Board. Starboard will designate an additional independent director to be added to the Marvell Board as soon as practical, subject to the reasonable approval of the Board. Marvell will also elect Robert E. Switz to the Board. Mr. Feld, Mr. Hill, Mr. Khaykin and the additional independent director named in accordance with the agreement will stand for election as nominees of Marvell at the Marvell 2016 annual meeting of shareholders, together with Mr. Switz and incumbent independent directors Juergen Gromer, John Kassakian, Arturo Krueger and Randhir Thakur.
MRVL: 9.82 (-0.44)
Marvell Introduces Industry's First Commercially Available Ethernet Transceivers Fully Optimized for 2.5Gbps and 5Gbps Data Rates over Cat5e Cables
PR Newswire - Mon Apr 25, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the Marvell® Alaska® 88E2010/40 family of Ethernet transceivers, the industry's first commercially available Ethernet transceivers fully optimized for 2.5Gbps and 5Gbps data rates over Cat5e cables. Providing a cost efficient, small form factor and low power dissipation, the Alaska 88E2010/40 Ethernet transceivers enable the utilization of the most common types of installed Cat5e Ethernet cabling for applications including 802.11ac Access Point uplinks, switches, servers, workstations and high-end PCs. The Alaska 88E2010/40 Ethernet transceivers are designed to be compliant with the emerging IEEE 802.3bz standard and the NBASE-T Alliance specification for 2.5Gbps and 5Gbps data rates over Cat5e cables. The new Marvell Alaska 88E2010/40 Ethernet transceivers further extend Marvell's Alaska product suite and currently are being sampled by global customers.
MRVL: 9.82 (-0.44)
Watch for Marvell Technology to Potentially Rebound After Falling 2.26% Yesterday
Comtex SmarTrend(R) - Mon Apr 18, 3:10PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.90 to a high of $10.13. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $10.14 on volume of 4.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
After Yesterday's Decline of 5.56%, Marvell Technology Offers Investors Better Value
Comtex SmarTrend(R) - Fri Jun 10, 1:39PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.63 to a high of $10.12. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $9.95 on volume of 11.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
Marvell Technology Falls 5.56% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jun 10, 1:38PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.63 to a high of $10.12. Yesterday, the shares fell 5.6%, which took the trading range below the 3-day low of $9.95 on volume of 11.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Appointment of Andy Micallef as Chief Operations Officer
PR Newswire - Mon Jun 06, 3:05PM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the appointment of Andy Micallef as Chief Operations Officer, effective immediately. In his new role, Mr. Micallef will be responsible for driving Marvell's operations related to chip production and management of vendors and process partners.
MRVL: 9.82 (-0.44)
Marvell's Dynamic Multi-Hop Relay Technology Enables Extended Wi-Fi Range for the Connected Home Ecosystem
PR Newswire - Wed Jun 01, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced that its advanced Avastar® wireless connectivity combos can now enable Dynamic Multi-Hop Relay (DMHR) Technology. DMHR, when integrated with Marvell's advanced Avastar wireless connectivity devices 88W8887, 88W8997 and 88W8977, is designed to enable Wi-Fi® devices to support a robust extended wireless coverage by intelligently linking and sharing data or audio/video in a daisy chain topology.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Appointment of Chris Koopmans as EVP of Marketing and Sales
PR Newswire - Tue May 31, 7:45AM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced the appointment of Chris Koopmans as Executive Vice President of Marketing and Sales, effective June 1, 2016. In his new role, Mr. Koopmans will lead Marvell's global Marketing and Sales organizations. He will be responsible for defining market opportunities where Marvell's core competencies in System on Chip Design can be most effectively applied. In addition, he will be responsible for enhancing the technical expertise of the Marvell Sales force and executing on market opportunities ultimately leading to the Company's next phase of profitable growth. Chris Koopmans will also be driving a newly created Program Management Office to help empower greater efficiency in the Company's overall product and R&D roadmaps.
MRVL: 9.82 (-0.44)
Marvell Launches Advanced Suite of IoT Application Processors for Home Automation, Industrial, and Wearable Applications
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today launched a highly optimized suite of IoT application processors for home automation, industrial, and wearable applications. Purpose-built as part of Marvell's IoT Application Processor (IAP) family of products, the IAP220 System-on-Chip (SoC) enables the low-power and high-performance computing necessary for many IoT products, and features an ARM® Cortex®-A7 dual core processor.
MRVL: 9.82 (-0.44)
Marvell Disrupts the Switch Market with Programmable Access Switch Optimized for 2.5GbE Deployment with 40GbE Uplinks
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the Prestera® 98DX325x campus programmable switch. The 98DX325x switch is optimized for 24- and 48-ports of 2.5 Gigabit Ethernet (GbE), and has dedicated 10GbE and 40GbE uplinks and stacking ports. The devices offer wire speed packet processing bandwidth of 168Gbps in an optimized and compact footprint, and are now available for sampling.
MRVL: 9.82 (-0.44)
Marvell Introduces Feature-Rich 10GbE Aggregation Switch
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the Marvell® 98DX83xx 10 Gigabit Ethernet (GbE) Campus aggregation switch with large and flexible fan-out 10GbE and 40GbE Ethernet ports. Extending Marvell's Prestera® DX family, the 98DX83xx family of multi-layer Ethernet switch devices is a new generation of highly-integrated packet processors built for service delivery in Campus 10GbE LAN access and aggregation switches, storage aggregation and server connectivity in the private cloud. The new product also can be implemented in interconnect applications requiring low-power 40GbE and 10GbE connectivity. The device is expected to be available in June 2016.
MRVL: 9.82 (-0.44)
Marvell Releases New ARMADA Hyperscale Virtual SoC Families Featuring the ARM Cortex-A72 CPU with Advanced Networking and I/O Support
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the availability of production samples of the industry's first ARM® Cortex®-A72 based system-on-chip (SoC) families built on Marvell's ground-breaking MoChi(TM) architecture, the Marvell® ARMADA® 7000 and 8000. Marvell's ARMADA 7000 and 8000 families are scalable and are ideally suited for a wide range of IP appliances, data center, enterprise, small-to-medium business (SMB), and small office home office (SoHo) applications. The Marvell ARMADA 7000 (88F70x0) and 8000 (88F80x0) each feature dual- and quad-core ARM Cortex-A72 processors, delivering a high level of integration and efficiency as well as leading performance and power. These new offerings further strengthen Marvell's embedded processor leadership, expanding its award-winning ARMADA product suite. Both device families are already sampling with Tier-1 vendors around the globe and are in active designs.
MRVL: 9.82 (-0.44)
Marvell Introduces New Family of High-Performance RAID Storage Controllers with Eight 6Gbps SATA Ports
PR Newswire - Tue May 31, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the Marvell® 88RC13xx family of high-performance RAID storage controllers with a full set of features that include eight 6Gbps SATA ports, four lanes of PCI Express 3.0, and a 10Gbps USB 3.1 device port with Type-C connector support. The product line consists of a high performance AHCI RAID on chip (ROC), an innovative NVMe ROC, a DRAM-less input/output (I/O) processor with HW RAID 0, 1, 10 and a cost-effective I/O controller. These products service a range of markets, including cloud infrastructure, enterprise storage arrays, SATA Host Bus Adapters (HBA), networked video surveillance, external directly attached USB 3.1 and Thunderbolt-3 storage (DAS), and entry-to-mid-range servers. The AHCI ROC is currently sampling to Marvell customers; the other products will be available in 2017.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Appointment of Mitchell Gaynor as Chief Legal Officer
PR Newswire - Thu May 19, 7:45AM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced the appointment of Mitchell L. Gaynor as Executive Vice President, Chief Legal Officer, and Secretary of the Company, effective May 23, 2016.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Declares Quarterly Dividend Payment
PR Newswire - Wed May 18, 3:15PM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced that the Board of Directors has approved a quarterly dividend payment of $0.06 per share to all shareholders of record as of June 14, 2016. Marvell intends to pay the dividend on July 12, 2016.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Appointment of Michael Strachan to Board of Directors
PR Newswire - Wed May 18, 7:45AM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced that the Board of Directors has approved the appointment of Michael Strachan as an independent Director of the Company, effective immediately. Mr. Strachan's appointment expands the number of Board members to eleven Directors.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Receives Extension to Remain Listed on Nasdaq Stock Market
PR Newswire - Tue May 03, 7:45AM CDT
Marvell Technology Group Ltd. (Nasdaq: MRVL) today announced that the Company has received written notification from Nasdaq that, following Marvell's hearing before The Nasdaq Hearings Panel on April 14, 2016, it has granted the Company an extension of time to September 6, 2016 to regain compliance with continued listing requirements. Until that time, shares of Marvell stock will remain listed on The Nasdaq Stock Market.
MRVL: 9.82 (-0.44)
Marvell Technology Set to Possibly Rebound After Yesterday's Selloff of 2.35%
Comtex SmarTrend(R) - Mon May 02, 4:34PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.68 to a high of $10.01. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $9.91 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
Look for Shares of Marvell Technology to Potentially Rebound after Yesterday's 2.35% Sell Off
Comtex SmarTrend(R) - Mon May 02, 4:32PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.68 to a high of $10.01. Yesterday, the shares fell 2.4%, which took the trading range below the 3-day low of $9.91 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
Marvell Announces Appointment of Mr. Richard S. Hill to Chairman of the Board of Directors
PR Newswire - Mon May 02, 3:30PM CDT
Marvell Technology Group Ltd. (NASDAQ:MRVL), a global leader in providing complete silicon solutions, today announced the appointment of Mr. Richard S. Hill as Chairman of the Board of Directors, effective May 1, 2016. Mr. Hill was selected to the position based on his decades of practical experience and technology leadership.
MRVL: 9.82 (-0.44)
Marvell Technology Group Ltd. Announces Agreement with Starboard
PR Newswire - Wed Apr 27, 7:45AM CDT
Marvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced that it has entered into an agreement with Starboard Value LP, which has a beneficial ownership of approximately 6.5% of the Company's outstanding common stock, regarding the composition of Marvell's Board of Directors. Under the terms of the agreement, Marvell's Board of Directors will elect Peter A. Feld, Richard S. Hill and Oleg Khaykin to the Board. Starboard will designate an additional independent director to be added to the Marvell Board as soon as practical, subject to the reasonable approval of the Board. Marvell will also elect Robert E. Switz to the Board. Mr. Feld, Mr. Hill, Mr. Khaykin and the additional independent director named in accordance with the agreement will stand for election as nominees of Marvell at the Marvell 2016 annual meeting of shareholders, together with Mr. Switz and incumbent independent directors Juergen Gromer, John Kassakian, Arturo Krueger and Randhir Thakur.
MRVL: 9.82 (-0.44)
Marvell Introduces Industry's First Commercially Available Ethernet Transceivers Fully Optimized for 2.5Gbps and 5Gbps Data Rates over Cat5e Cables
PR Newswire - Mon Apr 25, 7:00AM CDT
Marvell (NASDAQ:MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today announced the Marvell® Alaska® 88E2010/40 family of Ethernet transceivers, the industry's first commercially available Ethernet transceivers fully optimized for 2.5Gbps and 5Gbps data rates over Cat5e cables. Providing a cost efficient, small form factor and low power dissipation, the Alaska 88E2010/40 Ethernet transceivers enable the utilization of the most common types of installed Cat5e Ethernet cabling for applications including 802.11ac Access Point uplinks, switches, servers, workstations and high-end PCs. The Alaska 88E2010/40 Ethernet transceivers are designed to be compliant with the emerging IEEE 802.3bz standard and the NBASE-T Alliance specification for 2.5Gbps and 5Gbps data rates over Cat5e cables. The new Marvell Alaska 88E2010/40 Ethernet transceivers further extend Marvell's Alaska product suite and currently are being sampled by global customers.
MRVL: 9.82 (-0.44)
Watch for Marvell Technology to Potentially Rebound After Falling 2.26% Yesterday
Comtex SmarTrend(R) - Mon Apr 18, 3:10PM CDT
Marvell Technology (NASDAQ:MRVL) traded in a range yesterday that spanned from a low of $9.90 to a high of $10.13. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $10.14 on volume of 4.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRVL: 9.82 (-0.44)
