Marvell to Acquire Celestial AI for $3.5 Billion to Scale Up Data Centre Connectivity
PositiveArtificial Intelligence

- Marvell Technology Inc. has announced its acquisition of Celestial AI for $3.5 billion, a strategic move aimed at enhancing its data center connectivity capabilities. This acquisition is expected to close in the first quarter of 2026 and could increase to $5.5 billion if Celestial AI meets certain revenue targets.
- This acquisition is significant for Marvell as it seeks to bolster its position in the rapidly evolving AI and data center markets. The positive investor reaction, reflected in a surge in Marvell's shares, underscores the market's confidence in the company's growth trajectory following this deal.
- The acquisition aligns with broader trends in the tech industry, where companies are increasingly investing in AI and data infrastructure to meet growing demands. Other major players are also making substantial investments in AI technologies and data centers, indicating a competitive landscape focused on enhancing connectivity and processing capabilities.
— via World Pulse Now AI Editorial System







