Marvell is not opposed to the idea of selling the business to produce mobile processors

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POSTER: computer news   ||   MARVELL IS NOT OPPOSED TO THE IDEA OF SELLING THE BUSINESS TO PRODUCE MOBILE PROCESSORS	DATE:2015-02-22
Marvell Technology company  is known to us primarily for its storage controllers, but it has developed mobile processors found in tablets and smartphones reputable brands , and the manufacturer is also a member of the project Google Project Ara . As reports Bloomberg, the last fiscal quarter results did not meet analysts expectations  , although Marvell Technology  managed to gain over the period $ 857,500,000. The course of the company's shares fell on this background and CEO of Marvell Technology told about  possibility of selling the business to develop processors for mobile devices .  However, this step can be only be if it will benefit shareholders. Rumors of a possible business sale appeared before the publication of the quarterly report Marvell.  Industry analysts predict that for the asset Marvell could fetch up to $ 1 billion. Related Products :

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