Saturday, October 31, 2020

Inphi (IPHI) to be acquired by Marvel Technology.

 - Marvell Technology buys Inphi for $10B.

- Consolidation continues as 5G rollout is nearing.

- Marvell will pay 60% of the acquisition in stock and the rest in cash.

- Right now IPHI is a hold. Stock price should rise as final deal is publicised at which point I will sell.

- I'm not interested in shares of Marvell.

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