Marvell Technology Group Ltd. (MRVL) is nearing a deal to buy Inphi Corp. (IPHI) for about $10 billion, the Wall Street Journal reported citing people familiar with the matter.
Marvell will reportedly pay 60% of the acquisition in stock, with the rest in cash. The companies could announce a deal as soon as Thursday, assuming the talks don't fall apart.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.