SANTA CLARA, Calif.,
Dec. 14, 2020 /PRNewswire/
-- Marvell (NASDAQ: MRVL), a leading provider of data
infrastructure semiconductor solutions, today announced that the
company has been added to the NASDAQ-100 Index®,
effective at the beginning of trading on Monday, December 21, 2020. Shares of Marvell will
be included in the NASDAQ-100 Index Tracking Stock®.
"Joining the NASDAQ-100 Index is recognition of Marvell's
strength and future growth opportunities," said Matt Murphy, president and CEO of Marvell. "This
is an important milestone in the transformation journey we have
been on over the past four and half years, and I want to thank and
credit our dedicated Marvell employees. Their customer-focused
innovation and strong execution have enabled Marvell to become one
of the semiconductor industry's leading suppliers to the data
infrastructure market."
The NASDAQ-100 Index is the world's premier large-cap growth
index. It includes 100 of the largest domestic and international
non-financial companies listed on the NASDAQ based on market
capitalization. Featuring some of the world's most iconic and
innovative companies, the index today defines modern day
industrials.
About Marvell
To deliver the data infrastructure technology that connects the
world, we're building solutions on the most powerful foundation:
our partnerships with our customers. Trusted by the world's leading
technology companies for 25 years, we move, store, process and
secure the world's data with semiconductor solutions designed for
our customers' current needs and future ambitions. Through a
process of deep collaboration and transparency, we're ultimately
changing the way tomorrow's enterprise, cloud, automotive, and
carrier architectures transform—for the better.
Marvell and the M logo are trademarks of Marvell or its
affiliates. Please visit www.marvell.com for a complete list of
Marvell trademarks. Other names and brands may be claimed as the
property of others.
For further information, contact:
Stacey Keegan
Vice President, Corporate Marketing
pr@marvell.com
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SOURCE Marvell