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Marvell and Google expand their chip development deal, and Marvell grants Google a warrant to buy up to nearly 59M shares at $206.58 each, totaling up to $12.2B (Dana Wollman/Bloomberg)
Dana Wollman / Bloomberg:
Marvell and Google expand their chip development deal, and Marvell grants Google a warrant to buy up to nearly 59M shares at $206.58 each, totaling up to $12.2B — Marvell Technology Inc. has agreed to give Alphabet Inc.'s Google rights to buy as much as $12.2 billion of its shares in exchange for purchasing chips.