SANTA CLARA, Calif.,
June 5, 2019 /PRNewswire/
-- Marvell (NASDAQ: MRVL) today announced it has entered a
broader strategic partnership with Arm, a subsidiary of SoftBank
Group, to accelerate the design and development of next-generation
Marvell® ThunderX® server processor
technology. This new agreement includes dedicated Arm support
for Marvell's R&D in the server processor technology area for
at least three more years. As a result, Marvell can further
expand its leading-edge Arm®-based server products and
roadmap to enable the next generation of cloud and data center
infrastructure.
Marvell and Arm share a vision for bringing differentiated,
scalable, and highly optimized server processor solutions to
multiple markets — from high-performance cloud computing all the
way to the network edge. The companies have closely
collaborated over the last decade to launch a compelling
alternative to the x86 computing market with industry-leading
technology backed by a rich ecosystem. Marvell's
ThunderX2®, based on the Armv8-A architecture, is the
industry's most widely supported Arm-based server processor,
providing higher performance, lower power, and reduced total cost
of ownership versus currently deployed architectures.
"Marvell has demonstrated innovative silicon and software
technologies to deliver high-performance Arm-based solutions across
the infrastructure market," said Rene
Haas, president of Arm's IP Products Group. "With this
expanded partnership, Marvell is now well positioned to develop and
ramp some of the most advanced server processor technology in the
world."
"Arm's investment in Marvell's server processor technology is a
testament to the strength of our development team and accelerates
our vision of scaling highly differentiated solutions for the
global computing ecosystem," said Raghib
Hussain, Marvell's chief strategy officer and executive vice
president of the Networking and Processors Group. "Further,
our partnership reinforces Marvell's strategic commitment to offer
breakthrough server processor solutions to our cloud and high
performance compute customers, leveraging Arm's architecture, as
together we take cloud-scale computing to the next level."
About Arm
Arm technology is at the heart of a
computing and connectivity revolution that is transforming the way
people live and businesses operate. Our advanced, energy-efficient
processor designs have enabled intelligent computing in more than
145 billion chips. More than 70% of the world's population are
using Arm technology, which is securely powering products from the
sensor to the smartphone to the supercomputer. This technology
combined with our IoT software and end-to-end connectivity, device
and data management platform enables customers to derive real
business value from their connected devices and data. Together with
our 1,000+ technology partners we are at the forefront of
designing, securing and managing all areas of compute from the chip
to the cloud.
About Marvell
Marvell first revolutionized the digital
storage industry by moving information at speeds never thought
possible. Today, that same breakthrough innovation remains at the
heart of the company's storage, processing, networking, security
and connectivity solutions. With leading intellectual property and
deep system-level knowledge, Marvell's semiconductor solutions
continue to transform the enterprise, cloud, automotive,
industrial, and consumer markets. To learn more,
visit: https://www.marvell.com/
Forward-Looking Statements
Except for the historical
information contained herein, the statements in this press release,
including those concerning the strategic partnership with Arm, the
investment and other benefits expected as a result of the strategic
partnership, and the impact of the strategic partnership on our
products and roadmap are "forward-looking statements" within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking
statements speak only as of the date of this release. Actual
results or events could differ materially from those anticipated in
the forward-looking statements as a result of certain factors,
including: the possibility that we will not receive the benefits we
expect from the strategic partnership, the possibility that we
might experience delays in the development or introduction of new
technology and products, the possibility that our new product
introductions may not be as successful as we anticipate or may not
perform as expected, and the possibility that new products may have
quality or other defects or deficiencies. More information
about potential factors that could affect Marvell's business and
financial results is included in Marvell's filings with
the Securities and Exchange Commission, including, without
limitation, under the captions: "Management's Discussion and
Analysis of Financial Condition and Results of Operations," and
"Risk Factors." Marvell disclaims any obligation to update
any forward-looking statements after the date of this press
release, whether as a result of new information, future events,
developments, changes in assumptions or otherwise.
Marvell, the M logo, ThunderX and ThunderX2 are registered
trademarks of Marvell and/or its affiliates in the US and/or
elsewhere. Other names and brands may be claimed as the
property of others.
Marvell Media Relations
Kristin Hehir
Senior Manager, Public Relations
408-222-8744
kristinh@marvell.com
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SOURCE Marvell