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06.27.2006 - Marvell To Purchase Intel’s Communications And Application Processor Business For $600 Million

View Intel-Press related news. SANTA CLARA, Calif., June 27, 2006 - Marvell Technology Group, Ltd. and Intel Corporation today announced that they have signed an agreement for Intel to sell its communications and application processor business to Marvell for a purchase price of $600 million plus the assumption by Marvell of certain liabilities.

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NID: 11140 / Submitted by: The Spirit of Zuron
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