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Marvell to buy chip startup Celestial AI for $3.25 billion to boost networking portfolio

SAN FRANCISCO, Dec 2 (Reuters) - Chipmaker Marvell Technology said on Tuesday it will buy semiconductor startup Celestial AI in a deal worth $3.25 billion and also forecast fourth-quarter revenue ...
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Marvell Technology to Acquire Celestial AI in $3.25 Billion Deal

Marvell Technology agreed to acquire Celestial AI in a cash and stock deal valued at $3.25 billion in a bid to help the semiconductor company build out its AI and cloud data center business. Celestial ...