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SANTA CLARA, Calif., April 15, 2021 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ:MRVL) ("Marvell") announced that its shareholders have voted to approve the previously announced proposed acquisition of Inphi Corporation, Inc. (NASDAQ:IPHI) and also Marvell's proposal to reorganize so that the combined company will be domiciled in the United States. In a preliminary count of the voting results from today's meeting of shareholders, more than 99 percent of votes represented in person or by proxy were voted in favor of approving these proposals. At a meeting held today prior to the Marvell shareholder vote, Inphi Corporation shareholders voted to approve the merger with Marvell. Marvell
SAN JOSE, Calif., March 25, 2021 (GLOBE NEWSWIRE) -- Inphi Corporation (NASDAQ: IPHI), a leader in high-speed data movement interconnects, today announced that it was honored with four 2021 Lightwave Innovation Reviews high scores, validating its leadership in electro-optics solutions for the interconnected world. The four awards demonstrate the industry’s recognition of Inphi’s innovation in Service Provider and Cloud infrastructures. An esteemed and experienced panel of judges from the optical communications community recognized Inphi as a high-scoring honoree. “On behalf of the Lightwave Innovation Reviews, I would like to congratulate Inphi on their high scoring honoree status – all
SAN JOSE, Calif., March 22, 2021 (GLOBE NEWSWIRE) -- Inphi Corporation (NASDAQ: IPHI), a leader in high-speed data movement interconnects, today announced the commercial availability and production ramp of COLORZ® II 400ZR, the industry’s first QSFP-DD pluggable coherent transceivers for cloud data center interconnects (DCIs). For the first time, cloud operators can connect their data centers within a region with high performance, low power, small form factor 400G coherent transceivers without the need for a separate transport box. A longer reach variant, COLORZ II 400G ZR+, which extends the reach of COLORZ II from 120km to about 400km, is in final stages of qualification and expected to
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Needham reiterated coverage of Inphi with a rating of Buy and set a new price target of $191.00 from $175.00 previously
Barclays downgraded Inphi from Overweight to Equal Weight and set a new price target of $180.00 from $145.00 previously
Craig Hallum reiterated coverage of Inphi with a rating of Hold and set a new price target of $182.00 from $156.00 previously
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