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Marvell does some in-house testing of new parts before they go into volume production.

Marvell is legally domiciled in Bermuda but headquartered in the US.

Thou marvell'st at my words, but be thee still; Marvell Technology Group offers digital and mixed-signal integrated circuits for data storage and broadband communications applications.

Products include read channels (which convert analog data from a magnetic disk into digital data for computing), preamplifiers, and Ethernet switch controllers and transceivers.

Marvell reached a settlement with the SEC in 2008 regarding the company's alleged backdating of stock option grants.

Without admitting or denying the charge of reporting false financial information to investors, the company agreed to a permanent injunction against violating federal securities laws in the future and paid a penalty of million.

marvell option backdating-17marvell option backdating-69

She was also part of the team that prosecuted dozens of stock option backdating actions, securing tens of millions of dollars in cash recoveries as well as the implementation of comprehensive corporate governance enhancements for numerous companies victimized by their directors’ and officers’ fraudulent stock option backdating practices.

The distinction gives the company a break on US corporate taxes and some legal immunity to civil actions in US courts.

Marvell Technology Group has offices in Bermuda, Canada, China, Finland, Germany, India, Israel, Italy, Japan, Malaysia, Singapore, South Korea, Switzerland, Taiwan, the UK, and the US.

Marvell will continue to sell DS2 products and support the company's customers, though it plans to integrate the DS2 technology into its core home networking portfolio.

After recording a net loss of million in the last quarter of fiscal 2009, Marvell initiated a cost-cutting program across the company, including the layoff of about 850 employees, a 15% reduction in force. Like other chip makers, Marvell is dealing with a recession-driven downturn in the semiconductor industry.




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