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United States $83 Billion Semiconductor Company Marvell Technology to Buy Data Centre Computing Technology Company Celestial AI for $3.25 Billion in Cash & Shares Deal, Celestial AI Founded in 2020 by David Lazovsky & Preet Virk, Investors Include VentureTech Alliance, Fidelity Management & Research Company, BlackRock, Maverick Silicon, Tiger Global Management, Koch Disruptive Technologies (KDT), Temasek, Xora Innovation, Porsche Automobil Holding SE, The Engine Ventures, United States Innovative Technology Fund (USIT), AMD Ventures, Samsung Catalyst Fund, IMEC XPand & Penguin Solutions

6th December | Hong Kong 

United States semiconductor company Marvell Technology ($83 billion market value) has announced to buy data centre computing technology company Celestial AI for $3.25 billion in cash & shares deal.  Celestial AI was founded in 2020 by David Lazovsky & Preet Virk.  Celestial AI investors include VentureTech Alliance, Fidelity Management & Research Company, BlackRock, Maverick Silicon, Tiger Global Management, Koch Disruptive Technologies (KDT), Temasek, Xora Innovation, Porsche Automobil Holding SE, The Engine Ventures, United States Innovative Technology Fund (USIT), AMD Ventures, Samsung Catalyst Fund, IMEC XPand & Penguin Solutions.  Marvell – To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 30 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud and carrier architectures transform—for the better. Celestial AI – Celestial AI is the creator of the Photonic Fabric, an optical interconnect technology platform for AI computing systems. The Photonic Fabric provides the foundational technology for data center computing, networking and memory systems to enable advancements in AI with sustainable and profitable business models. Celestial AI’s Photonic Fabric delivers a transformative leap in AI system performance and energy efficiency.

“ United States $83 Billion Semiconductor Company Marvell Technology to Buy Data Centre Computing Technology Company Celestial AI for $3.25 Billion in Cash & Shares Deal, Celestial AI Founded in 2020 by David Lazovsky & Preet Virk, Investors Include VentureTech Alliance, Fidelity Management & Research Company, BlackRock, Maverick Silicon, Tiger Global Management, Koch Disruptive Technologies (KDT), Temasek, Xora Innovation, Porsche Automobil Holding SE, The Engine Ventures, United States Innovative Technology Fund (USIT), AMD Ventures, Samsung Catalyst Fund, IMEC XPand & Penguin Solutions “

 



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United States $83 Billion Semiconductor Company Marvell Technology to Buy Data Centre Computing Technology Company Celestial AI for $3.25 Billion in Cash & Shares Deal, Celestial AI Founded in 2020 by David Lazovsky & Preet Virk, Investors Include VentureTech Alliance, Fidelity Management & Research Company, BlackRock, Maverick Silicon, Tiger Global Management, Koch Disruptive Technologies (KDT), Temasek, Xora Innovation, Porsche Automobil Holding SE, The Engine Ventures, United States Innovative Technology Fund (USIT), AMD Ventures, Samsung Catalyst Fund, IMEC XPand & Penguin Solutions

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