Marvell Technology, Inc.

Marvell was founded in 1995 by Dr. Sehat Sutardja, his wife Weili Dai, and his brother Pantas Sutardja. They worked on designing a CMOS -based read channel for disk drives as its first product. Seagate Technology became its first customer.

The company's initial public offering of 6 million shares on NASDAQ under the ticker symbol MRVL on June 27, 2000 (near the end of the dot-com bubble ) raised $90 million and was priced $15 per share.

In February 2003, the integrated circuit (IC) designer Marvell Technology Group closed the deal to acquire RADLAN Computer Communications for $49.7 million in cash and shares.

California-based Marvell said it would incorporate its mixed-signal ICs with RADLAN's networking infrastructure drivers, interfaces and software modules to make improved networking communications products like routers. Yuval Cohen replaced Jacob Zankel as chief executive in late 2006.

In May 2007 Radlan was officially renamed Marvell Software Solutions Israel (MSSI), to complete the integration into Marvell.

In April 2016, CEO Sehat Sutardja and President Weili Dai were ousted from their posts after activist investor Starboard Value fund took a roughly seven percent stake in the company.

In July 2016, Marvell appointed Matt Murphy as its new president and CEO.

On July 6, 2018, Marvell completed its acquisition of Cavium, Inc. On the same day, it announced the appointment of Syed Ali (co-founder of Cavium, Inc., and previously the company's president and CEO), Brad Buss (director of Cavium, Inc.) and Edward Frank (director of Cavium, Inc.) to the Marvell Board of Directors.

In September 2019, Marvell completed the acquisition of Aquantia.

In April 2021, Marvell completed the acquisition of Inphi Corporation. As part of the acquisition, Marvell reorganized so that the combined company is domiciled in Wilmington, Delaware.

In September 2023, Marvell Technologies acquired an expansion deal in Pune, India.

Dan Durn (formerly CFO of Adobe) has officially assumed office as the new Chief Financial Officer, effective June 15, 2026