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Marvell's $3.25 Billion Acquisition of Celestial AI Boosts AI and Data Center Growth

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Source: Marvell Technology
Marvell's $3.25 Billion Acquisition of Celestial AI Boosts AI and Data Center Growth
Photo: Marvell Technology
TL;DR

Marvell is acquiring Celestial AI to enhance its optical interconnect technology for next-generation AI and data center infrastructure, aiming to lead the shift from electrical to optical connections within data centers, with expected revenue contributions starting in 2028.

Topics:businesstechnology#ai-infrastructure#celestial-ai#data-centers#marvell#optical-interconnects#technology
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  1. Marvell to Acquire Celestial AI, Accelerating Scale-up Connectivity for Next-Generation Data Centers  Marvell Technology
  2. Marvell to acquire Celestial AI for as much as $5.5 billion  CNBC
  3. Marvell Technology to Acquire Celestial AI for $3.25 Billion, Lifts Outlook for Next Fiscal Year  Yahoo Finance
  4. Why Marvell’s stock is soaring toward its best day in months after earnings  MarketWatch
  5. Marvell shares jump as chipmaker bolsters AI ambitions with Celestial deal  Reuters

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