Marvell Technology will buy rival chipmaker Cavium for $6 billion (CAVM, MRVL)

Marvell Technology has agreed to buy its rival Cavium for $40 a share in cash and 2.1757 Marvell common shares for each unit of Cavium stock in a deal worth about $6 billion.
Cavium shareholders will own about 25% of the combined company.Marvell Technology has agreed to buy Cavium for about $6 billion as it tries to expand beyond semiconductors that control hard disk drives.
Marvell will pay Cavium shareholders $40 in cash and 2.1757 Marvell common shares for each unit of Cavium stock, accordin