Monday, May 23, 2011
Marvell to invest $200 million in Israeli R&D
Silicon Valley chip designer Marvell Technology said it was to invest $200 million in Israel to accelerate research and development of critical communications, mobile and system-on-chip technologies.
Marvell, which supplies chips for Research in Motion's Blackberrys, has two R&D centres in Israel that employ more than 1,200 people.
"Recently, Israel has faced new, expanded international competition," said Yossi Meyouhas, general manager of Marvell Israel. "While these new challenges are essential in stimulating global progress in technology, it is critical that organisations invest to ensure Israel remains a recognised leader in R&D and technology innovation."
The company, which entered Israel 10 years ago with its acquisition of Galileo, has made investments and acquisitions in Israel totaling $3.5 billion.
Co-founder Weili Dai said Marvell developed many of its advanced technologies in Israel, ranging from enterprise networking and cloud service to mobile cellular capabilities.
Founded in 1995, Marvell Technology Group Ltd. has operations worldwide and approximately 5,700 employees. Marvell’s U.S. operating subsidiary is based in Santa Clara, California and Marvell has international design centers located in the U.S., Europe, Israel, Singapore and China.
A leading fabless semiconductor company, Marvell ships over one billion chips a year. Marvell’s expertise in microprocessor architecture and digital signal processing, drives multiple platforms including high volume storage solutions, mobile and wireless, networking, consumer and green products. World class engineering and mixed-signal design expertise helps Marvell deliver critical building blocks to its customers, giving them the competitive edge to succeed in today’s dynamic market.
Marvell supplied the Wi-Fi chip for the original (1st generation) Apple iPhone.
Marvell Mobile Hotspot (MMH) is an in-car Wi-Fi connectivity. The 2010 Audi A8 is the first automobile in the market to feature a factory-installed MMH.
Marvell Technology Group Ltd.