Cavium was a
fabless
Fabless manufacturing is the design and sale of hardware devices and semiconductor chips while outsourcing their fabrication (or ''fab'') to a specialized manufacturer called a semiconductor foundry. These foundries are typically, but not exclu ...
semiconductor
A semiconductor is a material which has an electrical conductivity value falling between that of a conductor, such as copper, and an insulator, such as glass. Its resistivity falls as its temperature rises; metals behave in the opposite way. ...
company based in
San Jose, California
San Jose, officially San José (; ; ), is a major city in the U.S. state of California that is the cultural, financial, and political center of Silicon Valley and largest city in Northern California by both population and area. With a 2020 popul ...
, specializing in
ARM-based and
MIPS-based network, video and security processors and
SoCs. The company was co-founded in 2000
by Syed B. Ali and M. Raghib Hussain, who were introduced to each other by a Silicon Valley entrepreneur. Cavium offers processor- and board-level products targeting
routers,
switches
In electrical engineering, a switch is an electrical component that can disconnect or connect the conducting path in an electrical circuit, interrupting the electric current or diverting it from one conductor to another. The most common type ...
,
appliances,
storage
Storage may refer to:
Goods Containers
* Dry cask storage, for storing high-level radioactive waste
* Food storage
* Intermodal container, cargo shipping
* Storage tank
Facilities
* Garage (residential), a storage space normally used to store car ...
and servers.
The company went public in May 2007 with about 175 employees.
As of 2011, following numerous acquisitions, it had about 850 employees worldwide, of whom about 250 were located at company headquarters in San Jose.
Cavium was acquired by
Marvell Technology Group
Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,000 employees as of 2021, with over 10,00 ...
on July 6, 2018.
History
Name change
On June 17, 2011, Cavium Networks, Inc. changed their name to Cavium, Inc.
[http://biz.yahoo.com/e/110620/cavm8-k.html ]
Acquisitions
Acquisition
In November 2017, Cavium's board of directors agreed to the company's purchase by
Marvell Technology Group
Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,000 employees as of 2021, with over 10,00 ...
for $6 billion in cash and stock.
The merger was finalized on July 6, 2018.
References
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Semiconductor companies of the United States
Networking companies of the United States
Companies formerly listed on the Nasdaq
Companies based in San Jose, California
Electronics companies established in 2001
American companies established in 2001
Fabless semiconductor companies
2018 mergers and acquisitions
American corporate subsidiaries