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Marvell To Purchase Intel’s Communications...

 
SANTA CLARA, Calif., June 27, 2006 - Marvell Technology Group, Ltd. and Intel Corporation today announced that they have signed an agreement for Intel to sell its communications and application processor business to Marvell for a purchase price of $600 million plus the assumption by Marvell of certain liabilities.

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Intel-Press
Posted: June 27, 2006 |  By: Wissen Schwamm
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