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KKR Gains 6.8% Stake in Marvell

12/31/2013 00:00 AM EST
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goafrit
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The Micron effect
goafrit   1/2/2014 8:54:56 AM
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Possibly, they are hoping that Marvell will be the Micron of 2014 with its superior returns in 2013. Provided that KKR does not buy it out, Marvell is on solid grounds.

cd2012
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Re: The Micron effect
cd2012   1/2/2014 9:37:16 AM
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I had the misfortune of working for NXP and Freescale, and both were acquired in part by KKR.  The experience reminded me of those wasps that inject cockroaches with a neurotoxin that turns them into zombies.  The astute reader can guess who the wasp is.

For FSL the plan seemed to be to saddle the private company with a ridiculous amount of debt and then take the company public again.


For NXP the plan was to slice the company into pieces and sell them off.

I'm not sure how Marvell fits into this, but it might be a good time to work on one's resume.

 

 

 

rick merritt
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Re: The Micron effect
rick merritt   1/2/2014 12:12:25 PM
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@ccd: Ouch!

You should write a book or at least a blog...or give some enterprising EE Times reporter a call about your experiences. ;-)

junko.yoshida
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Re: The Micron effect
junko.yoshida   1/2/2014 11:10:15 AM
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@goafrit, i am not sure if Marvell will be the Micron of 2014, but I do tend to agree with you...as far as it looks now, KKR isn't buying out the whole company at this point. However, I am still curious to find out what's the real motive (and plan) is behind KKR's stake in Marvell. 

rick merritt
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Re: The Micron effect
rick merritt   1/2/2014 12:16:11 PM
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In an interview a week or so ago Altera CEO John Daane listed Marvell as one of the chip vendors publically under pressure from shareholders to acquire or be acquired as part of the kind of consolidation we saw with Avago/LSI and Mindspeed gearing up for a more mature, slow-growth industry.

Also under pressure, he said, are Nvidia, PMC Sierra and Triquint.

Altera CEO Upbeat After Tough 2013

junko.yoshida
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Re: The Micron effect
junko.yoshida   1/2/2014 10:43:19 PM
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@Rick, thanks for reminding of John Daane's comment. 

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