Rolland, Hammond on the Marvell-Cavium Deal

The video discusses the ongoing consolidation in the semiconductor industry, highlighting the Broadcom-Qualcomm deal and Marvel's acquisition of Cavium. It explains how these mergers are reshaping the market, with Marvel transitioning from a low-growth to a high-growth company. The discussion also touches on market dynamics, potential future acquisitions, and the role of activist investors like Starboard in driving corporate changes.

What is the primary reason for the current wave of consolidation in the semiconductor industry?

• To reduce competition

• To increase market share and growth

• To comply with regulatory requirements

• To diversify product lines

How does the acquisition of Cavium change Marvell's business trajectory?

• It reduces Marvell's market presence in networking

• It shifts Marvell from a high-growth to a low-growth company

• It diversifies Marvell's product offerings into consumer electronics

• It transforms Marvell into a high-growth company

Who is Marvell's main competitor in the networking and storage market after acquiring Cavium?

• Broadcom

• NXP

• Intel

• Qualcomm

What role did the activist investor Starboard play in Marvell's recent changes?

• They supported the existing management team

• They triggered a management shakeup and encouraged acquisitions

• They opposed the acquisition of Cavium

• They focused on increasing dividends for shareholders

What does the Broadcom-Qualcomm situation illustrate about the semiconductor industry?

• That innovation is slowing down in the industry

• That regulatory bodies are preventing all mergers

• That no company is too large to be acquired

• That small companies are dominating the market