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Cavium to be acquired by Marvell Technology

Marvell Technology Group Ltd. (Nasdaq: MRVL) will acquire Cavium Inc. (Nasdaq: CAVM) for approximately $6 billion in cash and stock. Shares of Marvell Technology gained $1.30 to close at $21.59 while Cavium stock leaped $8.19 to close at $84.02.



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