XConn Technologies Acquired by Marvell — Technology M&A

Marvell has completed the acquisition of XConn Technologies, a enterprise software business in CA, for $100 million. Marvell acquires XConn Technologies to add advanced PCIe and CXL switching silicon that strengthens data center connectivity and AI infrastructure. XConn Technologies provides high-performance switching solutions for enterprise and data center networks, supporting Marvell’s UALink scale-up switch portfolio in Santa Clara, California. This strategic acquisition is a platform acquisition within technology M&A, expanding Marvell acquisitions and CA acquisitions with top engineering talent, with deal terms under a definitive agreement and an announced timeline.