Matt Murphy said during the last few days of negotiations with investors, they said they would be happy to see Marvell moving in the direction of infrastructure, cloud control and IoT-level business focus, which means it can reach all the cloud and Edge of the interconnection.
Matt Murphy, who runs Marvell since July 2016, set three major goals when he joined Marvell: reorganization of the financial position, establishment of a management team, and reintegration of the company, revealing that the semiconductor company under his leadership Part of a larger reorganization under way.
For Marvell, Matt Murphy sees it as a representative company in the semiconductor industry with great technology, architecture, engineering and products. "We are refocusing on the storage, networking, cloud computing and infrastructure markets, which are The main driver of the company's future. Last year we are back on track, with the customer made great progress .We will use the cash in hand and debt financing to promote the merger with Cavium. 'He said that with competitors Cavium's merger will help Marvell's customer portfolio and business diversification, and will be in the past accounted for 40% of Marvell's sales of hard disk business reduced to 25%.
A significant portion of these 25 percent are growing with hard drives, which are in growing segments, including drives into data centers or enterprise storage, high-capacity drives, near-line drives, and more.
In addition, Matt Murphy pointed out that the acquisition will create a leader in providing silicon, software and solutions to the cloud to showcase the 'Industrial Internet of Things' to the market. "This is an exciting combination of two very complementary The combined effects of the companies can be even greater, with more data coming in through the Marvell and Cavium technologies in the future, "he emphasized.