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Marvell buys Avera for ASICs as 5G networks demand specialist chips

Marvell may be eyeing the opportunity of being, once again, the leading chip vendor with an ARM-based server platform – if, indeed, Huawei has to pull back on its own ambitious cloud processor plans because ARM is complying with US-imposed restrictions on the Chinese firm (see separate item). However, the company is focused on building an end-to-end chip platform for telecoms networks and data centers, aware that success against Intel and Broadcom will lie in a portfolio approach, not leading in one solution only. So the firm has made its second acquisition in the space of a few weeks, this time of Avera Semiconductor, the ASIC (application specific integrated circuit) business of GlobalFoundries, for $650m in cash, plus an additional…

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