Marvell Completes Acquisition of Celestial AI

加利福尼亚州圣克拉拉，2026 年 2 月 2 日 — 数据基础设施半导体解决方案领域的佼佼者 Marvell Technology, Inc.(NASDAQ: MRVL) 今天宣布，已完成此前公告的对 Celestial AI 的收购案，Celestial AI 是面向纵向扩展连接场景的光互连技术先驱。Celestial AI 带来了其 Photonic Fabric™ 光互连技术，该技术旨在支持大规模 AI 部署中的高带宽、低延迟连接。

通过此次收购，Marvell 进一步加强了其在下一代 AI 和云数据中心架构所需的关键互连技术方面的佼佼者地位。Celestial AI 的加入扩展了 Marvell 的光学连接能力，能够为数据中心客户提供集成度更高、带宽更高且能效更优的解决方案。这使合并后的公司成为面向规模化发展的新兴纵向扩展互连市场的技术佼佼者，增加了一个重要且充分增量的总潜在市场 (TAM)。

Marvell 董事长兼首席执行官 Matt Murphy 表示：“Celestial AI 将助力我们推进Marvell 的长期战略，提供业界非常周全的数据基础设施平台。随着 AI 系统的规模和复杂度持续提升，客户对创新型连接解决方案的需求日益迫切。Celestial AI 的光子架构技术平台与美满电子现有的产品组合形成互补，进一步增强了我们满足下一代 AI 和云数据中心架构超高要求的能力。我们非常荣幸迎来 Celestial AI 的优秀团队加入 Marvell。”

Celestial AI’s technologies and teams will now be a part of Marvell’s Data Center Group, strengthening its end-to-end connectivity capabilities for next-generation AI systems.

Expected Financial Impact

Marvell expects initial revenue contributions from Celestial AI to begin in the second half of fiscal 2028, with revenue ramping meaningfully in the fourth quarter to a $500 million annualized run rate. Revenue is expected to double to a $1 billion annualized run rate by the fourth quarter of fiscal 2029.

The acquisition is expected to add approximately $50 million in annual non-GAAP operating expenses to Marvell’s current run rate. The completion of the acquisition reduced Marvell’s cash balance by $1 billion, lowering expected interest income in future fiscal periods, which will result in a decrease in the Company’s Other Income by approximately $38 million on an annual basis. In addition, the Company issued equity to complete the acquisition which increased Marvell’s diluted weighted-average shares outstanding by approximately 27 million shares.

关于 Marvell

为了通过数据基础设施技术实现全球互联的愿景，我们正在构建非常强大的基础解决方案： 我们与客户携手。 30 年来，Marvell 深受世界位居前列的技术公司的信赖，以客户当前需求和未来理想为设计路线，运用专业半导体解决方案实现对全球数据的移动、存储、处理与保护。 通过深度协作、践行透明化的沟通方式，我们致力于促进未来企业、云和运营商架构的不断转型与完善。

关于前瞻性声明的警示说明

This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the transaction between Marvell and Celestial AI, including statements regarding the benefits of the transactions and expected synergies and the products and markets of each company as well as statements regarding Marvell’s expectation of initial revenue contributions from Celestial AI beginning in the second half of fiscal 2028, with revenue ramping meaningfully in the fourth quarter to a $500 million annualized run rate, and further, revenue is expected to double to a $1 billion dollar run annualized rate by the fourth quarter of fiscal 2029. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the effect of the closing of the transaction on the business relationships, operating results, and business generally of Celestial AI, (ii) potential difficulties in employee retention as a result of the transaction, (iii) the ability of Marvell to successfully integrate Celestial AI’s operations and technologies, and (iv) the ability of Marvell to implement its plans, forecasts, and other expectations with respect to the acquired business. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the “Risk Factors” section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260201331090/en/

Marvell Investor Relations:

Ashish Saran
Senior Vice President, Investor Relations
408-222-0777
ir@marvell.com

Marvell Media:
pr@marvell.com

Source: Marvell Technology, Inc.

Released February 2, 2026