Marvell Technology Group Acquires Cavium
Davis Polk is advising J.P. Morgan Securities LLC as financial adviser to Cavium, Inc. in connection with its $6 billion acquisition by Marvell Technology Group Ltd. The transaction is subject to the approval of the shareholders of Cavium and Marvell, as well other customary closing conditions and receipt of required regulatory approvals.
Cavium, headquartered in San Jose, California, is a supplier of networking communications, multi-core processing, storage connectivity and security semiconductors. Marvell Technology Group, headquartered in Hamilton, Bermuda, is a provider of storage, networking and connectivity solutions.
The Davis Polk corporate team includes partner Alan F. Denenberg and associate Jeffrey C. Lau. All members of the Davis Polk team are based in the Northern California office.