Marvell: Infineon Technologies to buy Marvell's auto ethernet business for $2.5 billion

Infineon and Marvell Technology, Inc. have entered into a definitive transaction agreement for a purchase price of US$2.5 billion in cash. Ethernet is a key enabling technology for low-latency, high-bandwidth communication, which is crucial for software-defined vehicles. Additionally, it has significant potential in adjacent fields of use...