Marvell Technology, infrastructure semiconductor solutions provider is acquiring Aquantia, Multi-Gig Ethernet connectivity design company.
As the automotive industry increasingly adopts Ethernet in-vehicle networks for mainstream models, the number of related ports is expected to grow dramatically at a 62% annualised growth trajectory, from 53 million in 2018 to 367 million by 20221.
“Marvell and Aquantia share a vision where the network – whether in an autonomous vehicle, an enterprise application or in cloud infrastructure – can seamlessly power the data economy,” said Faraj Aalaei, chairman and CEO of Aquantia. “This is a fantastic opportunity as our customers will benefit from Marvell’s global scale and expanding footprint in Multi-Gig network applications.”
“Our acquisition of Aquantia will fuel Marvell’s leadership in the transformation of the in-car network to high-speed Ethernet over the next decade,” said Matt Murphy, president and CEO of Marvell. “At the same time, Aquantia extends our reach in the rapidly emerging Multi-Gig segment of network infrastructure and creates a leading end-to-end Ethernet connectivity portfolio.”