Founded in 1995, Marvell Technology Group Ltd. has operations worldwide and more than 7,000 employees. Marvell’s U.S. operating subsidiary is based in Santa Clara, California and Marvell has international design centers located in China, Europe, Hong Kong, India, Israel, Japan, Malaysia, Singapore, Taiwan and the U.S. A leading fabless semiconductor company, Marvell ships over one billion chips a year. Marvell’s expertise in microprocessor architecture and digital signal processing, drives multiple platforms including high volume storage solutions, mobile and wireless, networking, consumer and green products. World class engineering and mixed-signal design expertise helps Marvell deliver critical building blocks to its customers, giving them the competitive edge to succeed in today’s dynamic market.
Type
Public
HQ
Santa Clara, US
Founded
1995
Size (employees)
2,864 (est)
Marvell Technology was founded in 1995 and is headquartered in Santa Clara, US
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Key People/Management at Marvell Technology

Matt Murphy

Matt Murphy

President and Chief Executive Officer
Jean Hu

Jean Hu

Chief Financial Officer
Mitch Gaynor

Mitch Gaynor

Executive Vice President, Chief Administration and Legal Officer
Gary Ignatin

Gary Ignatin

Senior Vice President, Corporate Development
Neil Kim

Neil Kim

Executive Vice President and Chief Technology Officer
Chris Koopmans

Chris Koopmans

Executive Vice President, Networking & Connectivity Group
Tom Lagatta

Tom Lagatta

Executive Vice President, Sales and Marketing
Andy Micallef

Andy Micallef

Chief Operations Officer
Dan Christman

Dan Christman

Executive Vice President, Storage Group

Marvell Technology Office Locations

Marvell Technology has an office in Santa Clara and Hamilton
Santa Clara, US (HQ)
5488 Marvell Ln
Hamilton, BM
22 Victoria St
Show all (2)
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Marvell Technology Financials and Metrics

Marvell Technology Financials

Marvell Technology's revenue was reported to be $2.32 b in FY, 2017 which is a 15% decrease from the previous period.
USD

Revenue (Q3, 2018)

616.3 m

Gross profit (Q3, 2018)

377.8 m

Gross profit margin (Q3, 2018), %

61.3%

Net income (Q3, 2018)

200.2 m

Market capitalization (5-Feb-2018)

11.5 b

Cash (3-Feb-2018)

800.1 m
Marvell Technology's current market capitalization is $11.5 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.4 b3.7 b2.7 b2.3 b

Revenue growth, %

9%(26%)(15%)

Cost of goods sold

1.7 b1.8 b1.5 b1 b

Gross profit

1.7 b1.9 b1.2 b1.3 b
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Revenue

931.2 m930.1 m961.5 m957.8 m710.5 m724.3 m674.9 m540.8 m626.4 m654.4 m616.3 m

Cost of goods sold

465 m455 m477.7 m493.9 m461.7 m351.2 m379.3 m259.2 m287.6 m286.1 m238.5 m

Gross profit

466.2 m475.2 m483.8 m464 m248.8 m373.1 m295.6 m281.6 m338.8 m368.4 m377.8 m

Gross profit Margin, %

50%51%50%48%35%52%44%52%54%56%61%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

965.8 m1.2 b1.3 b814.1 m

Accounts Receivable

Inventories

347.9 m308.2 m210 m172 m

Current Assets

2.8 b3.3 b2.9 b2.3 b
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Cash

796.3 m1.2 b1.3 b1.1 b927.5 m1 b897.1 m780.2 m718.8 m751.6 m800.1 m

Accounts Receivable

466.7 m445.1 m498.5 m517.1 m417.7 m393.8 m380.9 m280.7 m348.7 m362.2 m366.1 m

Inventories

380.4 m356.4 m394 m350.6 m327.1 m339.9 m279.4 m196.7 m202.7 m198.8 m173.7 m

Current Assets

2.7 b3.3 b3.3 b3.1 b3.2 b3.3 b3 b2.1 b2.2 b2.3 b2.4 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

315.3 m435.3 m(811.4 m)21.2 m

Depreciation and Amortization

102.8 m106.2 m100.2 m107.9 m

Inventories

(97 m)39.5 m90.6 m29.3 m

Accounts Payable

39.8 m(43.9 m)(105.9 m)(28.2 m)
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

103.2 m115.3 m138.9 m99.5 m(757.9 m)14.1 m(815.6 m)(22.7 m)51.3 m72.6 m

Depreciation and Amortization

51.8 m26.6 m77.4 m

Inventories

356.4 m394 m(18.4 m)(31.3 m)21 m196.7 m202.7 m198.8 m

Accounts Payable

341.4 m415.7 m12 m17.1 m(43.7 m)193.7 m213 m183.3 m
USDY, 2017

Revenue/Employee

215.2 k

Financial Leverage

1.2 x
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Marvell Technology Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Cavium November 19, 2017$6 b
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