6/24/2002 - Marvell® (NASDAQ: MRVL), a technology leader in the development of extreme broadband communications solutions, announced that it has completed the purchase of all of the shares of privately held SysKonnect GmbH through a share purchase agreement. SysKonnect, headquartered in Ettlingen, Germany, focuses on the development and worldwide marketing of client-server products for the Gigabit and 10 Gigabit markets.
Dr. Sehat Sutardja, Marvell's President and CEO stated, "We are very excited to have SysKonnect join the Marvell family. SysKonnect is developing industry-leading technology for next-generation 10 Gigabit client products that is complementary with Marvell's state-of-the-art 10 Gigabit enterprise switching solutions. In addition to integrated circuit (IC) design technology, SysKonnect will provide Marvell with a full suite of leading-edge software and device drivers for all operating system platforms, including Microsoft® Windows® 95, 98, NT, 2000, and XP, SUN® SolarisTM, IBM® AIXTM, Linux, FreeBSD, Novell Netware, and HP®-UX."
Marvell, a technology leader in the development of extreme broadband system-level IC solutions for Internet connectivity and infrastructure, comprises Marvell Technology Group Ltd. and its subsidiaries, including Marvell Semiconductor, Inc. (MSI), Marvell Asia Pte Ltd (MAPL), Marvell Japan K.K., Marvell Taiwan Ltd., Marvell International Ltd. (MIL), and Galileo Technology Ltd. (GTL). On behalf of MIL, MSI designs, develops and markets integrated circuits utilizing proprietary Communications Mixed-Signal Processing (CMSP) and digital signal processing technologies for communications signal processing markets. MAPL is headquartered in Singapore and is responsible for production, distribution and design operations. GTL develops high-performance communications Internetworking and Switching products for the broadband communications market. As used in this release, the terms "Company" and "Marvell" refer to the entire group of companies. The Company applies its technology to the extreme broadband communications market where its products are used in network access equipment to provide the interface between communications systems and data transmission media. MSI is headquartered at 700 First Ave., Sunnyvale, Calif., 94089; phone: (408) 222-2500, fax: (408) 752-9028. Marvell's common stock is traded on the NASDAQ under the symbol MRVL. More information on Marvell is available on the Internet at www.marvell.com
Marvell and the Marvell logo are registered trademarks of Marvell. All other trademarks are the property of their respective owners.
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