Appleby Advises on Nasdaq-Listed Marvell’s Acquisition of XConn Technologies
Published: 9 Jan 2026
Type: Deals
Appleby is delighted to have acted as Cayman Islands counsel for NASDAQ listed Marvell Technology, Inc. on its definitive agreement to acquire XConn Technologies, a provider of advanced PCIe and CXL switching silicon.
Primary Contact
Marvell will acquire XConn for consideration valued at approximately $540 million.
The acquisition expands Marvell’s switching portfolio by adding XConn’s PCIe and CXL products and augments Marvell’s Ultra Accelerator Link scale-up switch team, adding highly experienced engineering talent with deep domain expertise in high-performance switching.
The deal was led by Partner Jacob MacAdam and Counsel Vance Power.
