XConn switching
Acquired in February 2026 for about $280 million in cash plus about 2.1 million shares.
What it is
Switch technology from the XConn Technologies acquisition, which extends Marvell beyond custom chips into the switching fabric of data centers.
Why it matters to the stock. Switching chips decide how many accelerators and memory devices can share a link, so this acquisition extends Marvell's reach beyond custom chips into the switch fabric.
News
Marvell launches 260-lane PCIe 6.0 switch built on XConn technology
Marvell launched the Structera S 60260, a 260-lane PCIe 6.0 switch that it calls the industry's first of its kind.
Marvell completes XConn Technologies acquisition
Marvell closed its acquisition of XConn Technologies, which adds PCIe and CXL switching silicon to its data center lineup.
Marvell agrees to buy XConn Technologies for about $540 million
Marvell agreed to acquire XConn Technologies, a maker of PCIe and CXL switching chips, for roughly $540 million, about 60% cash and 40% stock.