Marvell President and CEO Matt Murphy said: 'The next wave of growth in the semiconductor industry will undoubtedly be driven by the data economy. Artificial intelligence, 5G, cloud, automotive and edge computing applications need high bandwidth, low power consumption. An engineering solution that combines advantages with leading complex system chips. After the merger of the two companies, we now offer industry-leading IP, a broad portfolio of infrastructure solutions, and an innovative team that can meet the toughest customer challenges. We are very happy to start a new journey. '
Marvell Board of Directors Appoints Three New Directors
Marvell also announced that Dr. Syed Ali, Brad Buss and Dr. Edward Frank have been appointed to the Marvell Board of Directors and will take effect immediately upon completion of the merger.
Syed Ali is the co-founder of Cavium, who has served as its President, CEO and Chairman of the Board since its inception in 2000. He has received electrical engineering from Osmania University in Hyderabad, India. Bachelor of Engineering and Master of Science from the University of Michigan.
Brad Buss has served as a director of Cavium since July 2016. He also served as CFO of SolarCity from 2014 to 2016 and as CFO of Cypress Semiconductor from 2005 to 2014. He is currently a specials officer. Board member of Tesla Motors and Advance Auto Parts. Mr. Buss graduated from McMaster University with a BA in Economics and a Bachelor of Business Administration with Honours from the University of Windsor.
Dr. Edward Frank has served as a director of Cavium since July 2016. He is also the co-founder of startup Cloud Parity and served as its CEO until September 2016. Previously, he served as Apple during 2009-2013. Prior to joining Apple, he worked at Broadcom Corporation from 1999 to 2009 as Vice President of Corporate R&D. Dr. Frank is also a board member of Analog Devices and Quantenna. He holds a BSEE and MSEE from Stanford University and a Ph.D. in computer science from Carnegie Mellon University. Dr. Frank is a wireless networking product. Contribution to development and commercialization, he was elected to the National Academy of Engineering in 2018.
Cavium's contribution to Marvell's second quarter of the 2019 fiscal year
In the second quarter of the FY 2019 earnings conference call, Marvell will provide the latest comprehensive guidance on Cavium's contribution to its second and third quarters. Details of the date and time of this call will be available. be provided later.