Latest news with #AutomotiveEthernet
Cision Canada
3 days ago
- Automotive
- Cision Canada
Infineon successfully completes acquisition of Marvell's Automotive Ethernet business
Acquisition boosts Infineon's position in software-defined vehicles and expands global leadership in automotive semiconductors Additional growth opportunities anticipated with physical AI applications such as humanoid robots Acquisition adds design-win pipeline of around US$4 billion by 2030 with significant potential for future revenue growth MUNICH, Aug. 14, 2025 /CNW/ -- Infineon Technologies AG (FSE: IFX) (OTCQX: IFNNY) today completed the acquisition of Marvell Technology, Inc.'s (NASDAQ: MRVL) Automotive Ethernet business. The transaction agreement was announced in April 2025 and has received all necessary regulatory approvals. With the acquisition, Infineon strengthens its system expertise for software-defined vehicles and further expands its leading position in the field of microcontrollers for automotive applications. "This transaction significantly reinforces our number one position in automotive semiconductors and strengthens our strategy of profitable growth," said Jochen Hanebeck, CEO of Infineon. "With an even more comprehensive portfolio, we are driving the transformation to software-defined vehicles together with our customers and partners. In addition, the acquisition creates new opportunities in the field of physical AI, such as humanoid robots. We are excited to welcome several hundred highly skilled and motivated employees to the Infineon team and look forward to elevating the use of Ethernet technology to new scales." Ethernet is a key enabling technology for low-latency, high-bandwidth communication. It quickly and reliably transfers large amounts of data between components such as microcontrollers, processors and sensors. This makes it crucial for software-defined vehicles and, additionally, it has significant potential in adjacent fields of use such as humanoid robots. The transaction will allow Infineon to provide its customers with even more comprehensive solutions, combining the strengths of Marvell's Automotive Ethernet portfolio with Infineon's existing microcontroller and system expertise. "We're incredibly proud of what our team has achieved in building a world-class Automotive Ethernet business," said Matt Murphy, Chairman and CEO of Marvell. "Through relentless innovation and deep partnerships across the automotive industry, they've established a leadership position in this critical technology area. Infineon is the right company to take this business to the next level – with the scale, portfolio breadth, and customer reach to unlock its full potential. We're confident this move will create exciting opportunities for continued growth, and we look forward to seeing the team thrive as part of Infineon." Ethernet connectivity solutions are vital to software-defined vehicles as they are the backbone of communication for E/E-architectures. Marvell's Brightlane™ Automotive Ethernet portfolio, comprising PHY transceivers, switches, and bridges, delivers high-performance networking capabilities, supporting data rates from 100 Mbps to 10 Gbps, and provides the necessary security and safety features for both current and future in-vehicle networks. The business's design-win pipeline of around $4 billion by 2030 and strong innovation roadmap offers significant potential for future revenue growth. In the calendar year 2025, the business is expected to generate revenue of US$225 – US$250 million with a gross margin of around 60 percent. The purchase price amounted to US$2.5 billion. Infineon finances the acquisition through a combination of existing liquid funds and additional debt capital. The company has secured the acquisition financing from banks. Infineon aims to further expand the newly acquired Ethernet business, by driving innovation and quickly converting it into customer value. The entire Ethernet competence will be bundled in a newly created "Ethernet Solutions" business line within Infineon's Automotive division. The acquisition will further strengthen Infineon's already strong presence in the US, including extensive activities in research and development. About Infineon Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY). - Picture is available at AP - Media Relations: Andre Tauber Infineon Technologies AG +49 89 343 6705 [email protected]
Yahoo
09-04-2025
- Automotive
- Yahoo
Infineon signs $2.5bn deal to acquire Marvell's Automotive Ethernet business
Germany-based chipmaker Infineon Technologies is set to enhance its automotive systems capabilities with the acquisition of Marvell Technology's Automotive Ethernet business. The deal, valued at $2.5bn in cash, is expected to complement Infineon's position in the automotive microcontroller market. Marvell's Automotive Ethernet portfolio, known for its Brightlane products, includes PHY transceivers, switches, and bridges, supporting data rates from 100Mbps to a market-leading 10Gbps. This technology is said to be vital for the safety and security features required in modern in-vehicle networks. The acquisition is expected to bolster Infineon's presence in the US, where it already has R&D operations, and could extend into related areas such as humanoid robots. Marvell's Automotive Ethernet business customers include over 50 car manufacturers, including eight of the top ten OEMs. The business boasts a design-win pipeline worth approximately $4bn until 2030 and a 'strong innovation' roadmap. With expected revenues of $225m to $250m in 2025 and a gross margin of around 60%, the acquisition is set to accelerate revenue growth, leveraging Infineon's global reach in the automotive sector. The transaction will see Marvell's Automotive Ethernet business integrated into Infineon's Automotive division, bringing hundreds of skilled employees across the US, Germany, and Asia. This move will combine Marvell's communications solutions with Infineon's AURIX microcontroller family. Infineon CEO Jochen Hanebeck said: 'The acquisition is a great strategic fit for Infineon as the global number one provider of semiconductor solutions to the automotive industry. 'We will leverage this highly complementary Ethernet technology by combining it with our existing, broad product portfolio to provide our customers with even more comprehensive, leading solutions for software-defined vehicles. 'The transaction will support our profitable growth strategy going forward, including new opportunities in the field of physical AI such as humanoid robots.' To fund the acquisition, Infineon plans to use existing liquidity and incur additional debt, with financing secured from banks. Contingent upon customary closing conditions including regulatory approvals, the transaction is planned to be completed within the 2025 calendar year. "Infineon signs $2.5bn deal to acquire Marvell's Automotive Ethernet business" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Korea Herald
08-04-2025
- Automotive
- Korea Herald
Infineon further strengthens its number one position in automotive microcontrollers and boosts systems capabilities for software-defined vehicles with acquisition of Marvell's Automotive Ethernet business
NEUBIBERG, Germany, April 8, 2025 /PRNewswire/ -- Infineon Technologies AG (FSE: IFX) (OTCQX: IFNNY) is accelerating the build-up of its system capabilities for software-defined vehicles with the acquisition of Marvell Technology's Automotive Ethernet business, complementing and expanding its own market-leading microcontroller business. Infineon and Marvell Technology, Inc. (NASDAQ: MRVL) have entered into a definitive transaction agreement for a purchase price of US$2.5 billion in cash. The transaction is subject to regulatory approvals. Ethernet is a key enabling technology for low-latency, high-bandwidth communication, which is crucial for software-defined vehicles. Additionally, it has significant potential in adjacent fields of use such as humanoid robots. The planned investment will strengthen Infineon's already strong footprint in the U.S., including extensive R&D activities. "The acquisition is a great strategic fit for Infineon as the global number one provider of semiconductor solutions to the automotive industry," says Jochen Hanebeck, CEO of Infineon. "We will leverage this highly complementary Ethernet technology by combining it with our existing, broad product portfolio to provide our customers with even more comprehensive, leading solutions for software-defined vehicles. The transaction will support our profitable growth strategy going forward, including new opportunities in the field of physical AI such as humanoid robots." Marvell's leading Brightlane™ Automotive Ethernet portfolio of PHY transceivers, switches and bridges supports network data rates ranging from today's 100 Mbps (megabits per second) up to market-leading 10 Gbps (gigabits per second). It also supports the security and safety features required for today's and tomorrow's in-vehicle networks. Among the customers of Marvell's Automotive Ethernet business are more than 50 automotive manufacturers, including eight of the ten leading OEMs. The strong customer relationships are backed by a design-win pipeline of around US$4 billion until 2030 and a strong innovation roadmap, paving the way for future revenue growth. The business is expected to generate revenue of US$225 – US$250 million in the 2025 calendar year with a gross margin of around 60%, based on the strong potential for further acceleration through Infineon's unmatched access to global automotive customers. Additional cost synergies are expected from combining R&D forces and leveraging Infineon production reach. Marvell's Automotive Ethernet business has several hundred highly skilled and dedicated employees, with main offices in the U.S., Germany and Asia. After the transaction closes, Marvell's Automotive Ethernet business will become part of Infineon's Automotive division. Ethernet connectivity solutions are vital to software-defined vehicles and are the basis for highly efficient E/E-architectures comprising central compute, zones and endpoints. Sophisticated features such as advanced driver-assistance systems, autonomous driving, and over-the-air software updates require massive amounts of secure data processing, networking and storage. The combination with the Infineon AURIX™ microcontroller family creates a comprehensive product offering combining communications solutions as well as real-time control. The acquisition is intended to further strengthen Infineon's number one position in microcontrollers. Infineon will use existing liquidity and will incur additional debt in order to fund the planned acquisition of Marvell's Automotive Ethernet business in an all-cash transaction. Infineon has secured acquisition financing from banks. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close within calendar year 2025. Infineon will host a telephone conference call including a webcast for analysts and investors, scheduled for Tuesday, 8 th April at 8:30 am (CEST). During the call, Infineon management will comment on the strategic rationale and financial aspects of the transaction and answer related questions. A replay of the conference call will be available for download on Infineon's website at About Infineon Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY). - Picture is available at AP - Contact:
Yahoo
08-04-2025
- Automotive
- Yahoo
Marvell Offloads Auto Ethernet Segment To Infineon Tech For $2.5 Billion Cash
Marvell Technology, Inc. (NASDAQ:MRVL) shares are trading higher premarket on Tuesday. On Monday, the company disclosed a definitive deal to sell its Automotive Ethernet business to Infineon Technologies AG (OTC:IFNNY) for $2.5 billion in an all-cash deal. The transaction includes Marvell's Brightlane Automotive Ethernet portfolio and related assets. Also Read: The company projected this segment to generate $225 million to $250 million in revenue in 2025, with a gross margin of around 60%. Approved by Marvell's Board of Directors, the deal is expected to close by the end of 2025, pending regulatory approvals and standard closing conditions. Matt Murphy, Chairman and CEO of Marvell said, "We believe this transaction delivers the strongest financial return for Marvell shareholders, given its compelling valuation." Jochen Hanebeck, CEO of Infineon added, "We will leverage this highly complementary Ethernet technology by combining it with our existing, broad product portfolio to provide our customers with even more comprehensive, leading solutions for software-defined vehicles." "The transaction will support our profitable growth strategy going forward, including new opportunities in the field of physical AI such as humanoid robots." Last month, the company and TeraHop debuted PCIe Gen 6 over optics to boost AI data center speed and scalability at the Optical Networking and Communication Conference and Exposition (OFC) 2025. Investors can gain exposure to MRVL via Spear Alpha ETF (NASDAQ:SPRX) and Innovator Deepwater Frontier Tech ETF (NYSE:LOUP). Price Action: MRVL shares are up 3.82% at $52.95 premarket at the last check Tuesday. Read Next:Photo via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? MARVELL TECH (MRVL): Free Stock Analysis Report This article Marvell Offloads Auto Ethernet Segment To Infineon Tech For $2.5 Billion Cash originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
07-04-2025
- Automotive
- Yahoo
Infineon further strengthens its number one position in automotive microcontrollers and boosts systems capabilities for software-defined vehicles with acquisition of Marvell's Automotive Ethernet business
Infineon enters into agreement for acquisition of Marvell Technology's Automotive Ethernet business for US$2.5 billion Transaction combines Infineon's market-leading portfolio for automotive microcontrollers with benchmark Automotive Ethernet business of Marvell, accelerating Infineon's system capabilities for software-defined vehicles Additional growth opportunities to address future IoT applications such as humanoid robots Business expected to generate revenue of US$225 – US$250 million in calendar year 2025 with a gross margin of around 60% All-cash transaction to be financed from existing liquidity and additional debt NEUBIBERG, Germany, April 07, 2025--(BUSINESS WIRE)--Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is accelerating the build-up of its system capabilities for software-defined vehicles with the acquisition of Marvell Technology's Automotive Ethernet business, complementing and expanding its own market-leading microcontroller business. Infineon and Marvell Technology, Inc. (NASDAQ: MRVL) have entered into a definitive transaction agreement for a purchase price of US$2.5 billion in cash. The transaction is subject to regulatory approvals. Ethernet is a key enabling technology for low-latency, high-bandwidth communication, which is crucial for software-defined vehicles. Additionally, it has significant potential in adjacent fields of use such as humanoid robots. The planned investment will strengthen Infineon's already strong footprint in the U.S., including extensive R&D activities. "The acquisition is a great strategic fit for Infineon as the global number one provider of semiconductor solutions to the automotive industry," says Jochen Hanebeck, CEO of Infineon. "We will leverage this highly complementary Ethernet technology by combining it with our existing, broad product portfolio to provide our customers with even more comprehensive, leading solutions for software-defined vehicles. The transaction will support our profitable growth strategy going forward, including new opportunities in the field of physical AI such as humanoid robots." Marvell's leading Brightlane™ Automotive Ethernet portfolio of PHY transceivers, switches and bridges supports network data rates ranging from today's 100 Mbps (megabits per second) up to market-leading 10 Gbps (gigabits per second). It also supports the security and safety features required for today's and tomorrow's in-vehicle networks. Among the customers of Marvell's Automotive Ethernet business are more than 50 automotive manufacturers, including eight of the ten leading OEMs. The strong customer relationships are backed by a design-win pipeline of around US$4 billion until 2030 and a strong innovation roadmap, paving the way for future revenue growth. The business is expected to generate revenue of US$225 – US$250 million in the 2025 calendar year with a gross margin of around 60%, based on the strong potential for further acceleration through Infineon's unmatched access to global automotive customers. Additional cost synergies are expected from combining R&D forces and leveraging Infineon production reach. Marvell's Automotive Ethernet business has several hundred highly skilled and dedicated employees, with main offices in the U.S., Germany and Asia. After the transaction closes, Marvell's Automotive Ethernet business will become part of Infineon's Automotive division. Ethernet connectivity solutions are vital to software-defined vehicles and are the basis for highly efficient E/E-architectures comprising central compute, zones and endpoints. Sophisticated features such as advanced driver-assistance systems, autonomous driving, and over-the-air software updates require massive amounts of secure data processing, networking and storage. The combination with the Infineon AURIX™ microcontroller family creates a comprehensive product offering combining communications solutions as well as real-time control. The acquisition is intended to further strengthen Infineon's number one position in microcontrollers. Infineon will use existing liquidity and will incur additional debt in order to fund the planned acquisition of Marvell's Automotive Ethernet business in an all-cash transaction. Infineon has secured acquisition financing from banks. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close within calendar year 2025. Infineon will host a telephone conference call including a webcast for analysts and investors, scheduled for Tuesday, 8th April at 8:30 am (CEST). During the call, Infineon management will comment on the strategic rationale and financial aspects of the transaction and answer related questions. A replay of the conference call will be available for download on Infineon's website at About Infineon Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY). View source version on Contacts Press Contact: Andre TauberHead of Corporate Media RelationsInfineon Technologies AG+49 89 234
