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The Marvell Technology/Cavium Deal Keeps the Ball Rolling in the Semiconductor Industry

TheMotleyFool

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The Marvell Technology/Cavium Deal Keeps the Ball Rolling in the Semiconductor Industry

Marvell Technology Group (NASDAQ: MRVL) recently announced it had entered a definitive agreement with Cavium (NASDAQ: CAVM) to merge operations. Share prices of both companies immediately shot higher, making for a very happy Thanksgiving week for investors. The deal also continues a positive trend in the semiconductor industry that could continue for some time.