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³Ô¹ÏºÚÁÏ Completes Acquisition of Innovium

Broadens ³Ô¹ÏºÚÁÏ¡¯s portfolio of silicon solutions targeting cloud data centers

Santa Clara, Calif., October 5, 2021¡ª³Ô¹ÏºÚÁÏ Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced that it has completed its acquisition of Innovium, Inc., a leading provider of networking solutions for cloud and edge data centers.

The acquisition of Innovium and its complementary offerings further extends ³Ô¹ÏºÚÁÏ¡¯s leadership in the cloud, and allows ³Ô¹ÏºÚÁÏ to immediately participate in the fastest growing segment of the switch market with a cloud-optimized solution.

About ³Ô¹ÏºÚÁÏ?

To deliver the data infrastructure technology that connects the world, we¡¯re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world¡¯s leading technology companies for 25 years, we move, store, process and secure the world¡¯s data with semiconductor solutions designed for our customers¡¯ current needs and future ambitions. Through a process of deep collaboration and transparency, we¡¯re ultimately changing the way tomorrow¡¯s enterprise, cloud, automotive, and carrier architectures transform¡ªfor the better.

For further information, contact:

Ashish Saran
Vice President, Investor Relations
408-222-0777
ir@marvell.com