Overview
- SoftBank explored acquiring Marvell earlier this year with an eye to integrating it with Arm, according to Bloomberg reports cited by multiple outlets.
- Negotiations occurred several months ago but broke down over terms, and the parties are not in active discussions.
- Marvell shares surged intraday on the report after falling roughly 18% year to date to a market value near $80 billion.
- A deal of that scale would have ranked as the largest semiconductor transaction on record, based on industry comparisons.
- SoftBank did not comment, and any renewed approach would likely face significant U.S. regulatory scrutiny alongside operational hurdles.