Marvell is selling its wireless connectivity portfolio to NXP in an all-cash asset transaction valued at $1.76 billion. The portfolio includes Marvell’s WiFi Connectivity Business Unit, Bluetooth technology portfolio, and related assets. Wireless connectivity pulled in $300 million in in revenues in Marvell’s  2019 FY. The unit employs 550 people worldwide. NXP anticipates revenue associated with ...

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