-->

We’re Building the Future of Data Infrastructure

Products
Company
Support

Archive for the ‘Company News’ Category

October 9th, 2020

Matt Murphy Joins CNBC’s Jim Cramer for a Post Investor Day Discussion on Mad Money

By Stacey Keegan, Vice President, Corporate Marketing, Marvell

Following the company’s 2020 Investor Day, Marvell President and CEO, Matt Murphy, joined Jim Cramer on CNBC’s Mad Money to discuss yesterday’s event highlights. Calling out significant growth opportunities across Marvell’s key market segments – including #5G, #DataCenter #Cloud and #Automotive – Murphy noted that adoption of both 5G and Cloud remain in the early innings and that Marvell is well positioned to see continued benefits from these long-term growth markets.

As working from home accelerates digital transformation, Marvell is building the next generation data infrastructure semiconductor technology that will power the world’s progress.



Watch more videos on the Marvell YouTube Channel & Subscribe:  (Click Here)

August 28th, 2020

Matt Murphy Talks Marvell’s Market Traction on CNBC’s Squawk Alley

By Stacey Keegan, Vice President, Corporate Marketing, Marvell

Marvell President and CEO, Matt Murphy, discussed Marvell’s second quarter Earnings beat this morning with the CNBC Squawk Alley team. 

Marvell’s growth is being driven by our success in our key data infrastructure end markets. Particularly, in looking at 5G wireless infrastructure we have seen 4 consecutive quarters of sequential growth. Right now, this is particularly pronounced in China, where 5G is being rolled out. But with other countries working on rollout plans, and 4 of the top 5 base station vendors as Marvell customers, the growth from 5G is just beginning.

Marvell also has a large and growing data center business, with both enterprise on-prem datacenters and now the cloud. We announced last quarter that cloud is now over 10% of our revenue and growing fast. And the reason we are seeing strong growth is that we are producing the key storage and security products for cloud. This includes chips for huge multi-terabyte hard drives, where all cloud data is stored. It also includes our networking products, which doubled year-over-year. And finally, growth in this area includes Marvell’s custom products that came to us through a recent acquisition. This is how several of the larger datacenter operators like to buy chips. Where we build exactly what they want. 

Watch the full interview here.

June 3rd, 2020

Matt Murphy Shares Marvell’s Transformation Journey and Market Insights on CNBC’s Mad Money

By Stacey Keegan, Vice President, Corporate Marketing, Marvell

Marvell President and CEO, Matt Murphy, sat down with Jim Cramer of CNBC’s Mad Money for a virtual chat about Marvell’s focus on data infrastructure opportunities. Jim opened the segment congratulating Matt on a spectacular quarter and the company’s 25th anniversary: “This is not the Marvell of 25 years ago or even 25 months ago.”

With the company’s new brand identity on display, Matt explained: “It’s been a great 25-year celebration of the company this year. We’ve gone through a pretty substantial transformation really over the last 3-4 years…we set out to transform the company into a long-term player with a real focus around what we viewed as the data infrastructure opportunity and as you can see, as the strategy has played out over the last few years its extremely relevant in today’s environment with now major growth drivers of the company and our back in 5G, cloud, segments of enterprise and automotive.”

Matt continued by highlighting Marvell’s traction as one of the leading providers of Ethernet technology, powering the network backbone of future automobiles through partnership with 16 different car OEMs – 3 of which will ramp this year and the balance of them in model year 21.

When asked about the big gains in 5G, Matt affirmed the design wins the company has secured have resulted in “significant content across all the remaining key four players in 5G systems.”

Matt closed the interview explaining his focus on “solving for value and not overall aggregate revenue.”

To hear more about Matt’s discussion with Jim Cramer, watch the full video below.

May 21st, 2020

Essential technology, done right – introducing the new Marvell

By Chris Koopmans, EVP of Marketing and Business Operations

Our transformation
Today we launched Marvell’s new brand identity. In many ways it’s long overdue – as it represents the transformation journey we have been on over the past four years and reflects the new company we have already become.

Often when a company embarks on a major change, one of the first things they focus on is their external image. They update their logo, web page, and collateral to resemble the brand they aspire to, and then work to make reality match the aspiration. But in our industry, a company’s brand is their reputation, and a reputation is earned. That’s why, at Marvell, we started with the hard part – we established our new strategy, transformed our business and revamped our culture first, and now we are revealing a new brand that reflects who we are. I believe that signifies our culture – focus on the substance first.

I joined Marvell four years ago – just a few weeks prior to Matt taking over as CEO – so I’ve been on this journey every step of the way. I’ve had the privilege of holding a variety of leadership roles through the transformation, giving me a unique perspective on the company we have become. So, when Matt came to me last year with a new challenge – to lead our Marketing team through a rebuild of Marvell’s external image – I was thrilled about the opportunity.

Essential technology, done right
At its core, the New Marvell is a company focused on building essential technology for data infrastructure. What is data infrastructure? Data infrastructure is to our digital world what physical infrastructure (think railroads and highways) is to our physical world. It’s comprised of our vast wired and wireless networks that connect the globe, massive data centers that store and process information, and newly emerging edge infrastructure such as smart cars, cities, and factories.

As a society, we often take our infrastructure for granted. We just expect it to work, and to keep up with our ever-growing demand for more. We only take notice when it doesn’t work. This holds for physical and data infrastructure alike – a pothole in a road is just as annoying as a dead zone in a cellular network. Why won’t somebody just fix this? It turns out there are in fact a legion of companies working in the background not only to keep it running but innovating to meet the ever-growing demand for more, and Marvell is privileged to call them our customers.

That is why our brand is built on a foundation of collaboration and partnership with our customers, and we go all in with them to power what comes next. Trusted by leading technology companies for 25 years, we sit shoulder-to-shoulder with them to build best-in-class storage, networking, compute, and security solutions to meet their current needs and future ambitions. We’re driven by the belief that how we do things matters just as much as what we do. Working with Marvell means reliable results, superior performance, nimble dexterity, and rigorous execution. Our customers have come to expect it. It’s in our DNA.

New Marvell brand
The COVID-19 crisis interrupted our plans to launch our new brand earlier this year. In fact, the simplest and easiest decision would have been to postpone the launch until after we returned to the office. But that would have been a mistake. Never has the new Marvell been more on display than it has shown to be throughout this crisis – as we put our people first, and take care of the communities in which we live and work. Our teams continue to work tirelessly, and creatively, to keep projects on track and deliver innovations for our customers – listening and adapting to their changing needs along the way.

Drawing inspiration from this incredible determination, our marketing team felt compelled to find a way to launch. I couldn’t be prouder of Marvell’s cross functional brand team for changing course quickly, revising plans, and successfully executing on a much-anticipated launch – virtually! This has been yet another example of just how resilient and tenacious our people are – as they continue to persevere and show amazing ingenuity through this unique time.

April 2nd, 2020

Taking care of our People and our Communities

By Matt Murphy, President and Chief Executive Officer, Marvell

The world as we knew it just a few months ago may never be quite the same again. This pandemic has created an extraordinary crisis that will test our systems and our values alike. It also reminds us of what we hold most dear – our personal connections with other people. As billions of us shelter in our homes around the clock – working, exercising, educating, and sharing the same space – it is an opportunity to appreciate quality time with our immediate family. But we are also missing our connections with loved ones who aren’t under the same roof, and worry about the health and safety of our more vulnerable relatives. We miss seeing our colleagues at work – not on a computer screen, but in hallways and over lunch. And we miss seeing friends in our communities, enjoying a meal at our favorite restaurant, shopping at the farmers market, and hiking in our now shuttered parks.

So, as the world confronts this pandemic, my thoughts turn to our people – protecting and supporting our employees, their families, and the neighborhoods in which we live and work. The toll this pandemic is inflicting on our communities is enormous and disproportionate in its impact on low-income and hourly-wage workers who are finding it hard or impossible to an earn income as workplaces are closed and workers furloughed.

In the face of this unfolding crisis, it is incumbent on businesses to come together with public and civic organizations to help those most in need. Today, we announced what Marvell is doing:

  • Supporting our hourly workers: We are continuing to pay our hourly workers in full, as well as the service providers that support our facilities, regardless of whether they can fully perform their duties.
  • Supporting our communities: We have created a $1.5 million Community Relief Fund to support those most impacted in the communities where the company has a significant presence. As a part of this fund, Marvell will match 100% of employee donations to selected COVID-19 relief funds up to $2,500 per employee.
  • Silicon Valley Strong: We are making an initial $250,000 donation from the Community Relief Fund to Silicon Valley Strong in conjunction with the Silicon Valley Community Foundation to support Santa Clara County’s Homelessness Prevention System by providing financial assistance to low income residents who have lost income as a result of COVID-19.
  • Second Harvest of Silicon Valley:  In addition to the Community Relief Fund, as long as the cafeteria at our headquarters in Santa Clara remains closed, Marvell will donate its entire grocery budget, $250,000 per month, to Second Harvest of Silicon Valley. Second Harvest is one of the nation’s largest food banks and is focused on ensuring everyone in the community who needs a healthy meal can get one.
  • Supporting small businesses: Many of our smaller vendors who already operate on thin margins may struggle during this time, and we will be flexible to accelerate payments to them to aid with cash flow issues during this crisis.

Inevitably, times of crisis test us all. In today’s almost surreal environment of dislocation and uncertainty, I have never been prouder of our team, our perseverance as a company, and our commitment to helping others. We are in the fortunate position of being able to support our people, and give back to our communities, at a time when it really counts. I know that together we will overcome this pandemic to build a better future for everyone.

Thank you and stay healthy.

Matt

March 31st, 2020

Matt Murphy Shares Market Insights on CNBC’s Squawk Alley

By Stacey Keegan, Vice President, Corporate Marketing, Marvell

Marvell President and CEO, Matt Murphy, joined Jim Cramer and the team of CNBC’s Squawk Alley to talk about the impact of COVID-19 on the semiconductor market, including 5G, the broader business community and the company’s unwavering mission.

Matt shared his thoughts on the critical role that semiconductor technology plays in the current world crisis, particularly given the excess load that has been put on every nation’s data infrastructure due to remote work. And, how semiconductors are the essential building blocks of the networks of the world – from 5G to cloud infrastructure to advanced interconnect products.

“Companies are re-thinking their work force and footprint and 5G is a critical part of that. “5G will play a key role not only because of the bandwidth, improved data rates, but the lower latency and improved reliability of that network I think will be a big deal for remote work and different ways of working in the future.”

In terms of COVID-19’s impact on Marvell, Matt shared that the company is “strong, healthy and aligned to strong growth in end markets.” He emphasized that there are no plans to do lay-offs because of COVID-19. The company’s current “mission”, Matt stated, is to enable Marvell’s employees to take care of customers, themselves and their families.

To that end, Matt praised the Marvell team and touted the fact that the company recently taped out one of the largest and most complex chips in the history of Marvell, from home, and on schedule.

“I just could not be prouder of our team and how well they have been doing during this very dramatic change in how we operate.”

To hear more from Matt and the discussion with Jim Cramer and the CNBC Squawk Alley team, watch the full video below.

August 28th, 2019

Women Leaders Assemble in Silicon Valley to Talk About Gender Equality in Business

By Stacey Keegan, Vice President, Corporate Marketing, Marvell

Monday, August 26, marked the anniversary of the Nineteenth Amendment being signed into law and granting American women the constitutional right to vote.  To commemorate the impending 100-year celebration, the Silicon Valley Leadership Group kicked off a series of organized events meant to honor women trailblazers and host a call to women leaders from all walks of life.  Built into our core values around diversity and equality, empowering women to be leaders is important to Marvell and its executive leadership team, and the company was a proud sponsor of Monday’s event.

The day-long series of panel discussions celebrating the achievements of women since the suffrage movement took place at NASA’s Ames Research Center in Mountain View and was filled with some of the most accomplished women in Silicon Valley and the country.

Monday’s event featuring House Speaker Nancy Pelosi, the highest-ranking woman in U.S. politics and second in line to the presidency, Anna Eshoo, the Democratic congresswoman, whose district includes Moffett Field, and NASA astronaut, Megan McArthur, focused more broadly on women leadership and the state of gender equality in business.

The day included a panel called Women in Innovation and another named Women Leaders Across Generations, each moderated and filled with some of the top women at local and national companies like Silicon Valley Bank, Ripple, eBay, AT&T, Genentech, NASA, Marvell, Micron, and the San Francisco 49ers. Marvell’s Chief Compliance Officer, Regan MacPherson, moderated the latter during which science and tech executives used their own experiences to frame a conversation on how far women have come and how far they still must go.