JPMorgan Chase vs Marvell: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: JPMorgan Chase and Marvell side by side

1. 1799JPMorgan Chase

   Manhattan Company Chartered

   Aaron Burr and Alexander Hamilton led the effort to obtain a New York charter for the Manhattan Company.

2. 1871JPMorgan Chase

   Drexel, Morgan & Co. Formed

   J. Pierpont Morgan and Anthony Drexel formed Drexel, Morgan & Co. in New York. The partnership developed into J.P. Morgan & Co., creating the Morgan banking lineage that would remain separate from Chase until the companies combined in 2000.

3. 1907JPMorgan Chase

   Panic of 1907

   During the Panic of 1907, J. Pierpont Morgan organized bankers and other private participants to support strained financial institutions. The episode became a defining part of the Morgan firm's history in an era before the Federal Reserve existed.

4. 1955JPMorgan Chase

   Chase Manhattan Created

   The Bank of the Manhattan Company merged with Chase National Bank to form Chase Manhattan Bank. This combination joined the firm's oldest 1799 predecessor with the Chase name and created the institution that later merged with J.P. Morgan.

5. 1995Marvell

   Marvell founded

   Sehat Sutardja, Weili Dai and Pantas Sutardja found Marvell to build CMOS read-channel chips for hard disk drives.

6. 2000JPMorgan Chase

   Chase and J.P. Morgan Merge

   Chase Manhattan and J.P. Morgan & Co. completed their merger, combining commercial and consumer banking with investment banking and institutional services. JPMorgan Chase identifies this transaction as the formation of the modern company.

7. 2000Marvell

   Nasdaq IPO

   Marvell lists on Nasdaq under the ticker MRVL.

8. 2001Marvell

   Galileo Technology acquired

   Marvell buys Israeli networking chipmaker Galileo Technology in a stock deal of about $2.7 billion, building its Ethernet switch business.

9. 2004JPMorgan Chase

   Bank One Merger

   JPMorgan Chase completed its $58.546 billion stock-for-stock merger with Bank One on July 1.

10. 2006JPMorgan Chase

    Jamie Dimon Becomes CEO

    Jamie Dimon succeeded William B. Harrison Jr. as chief executive on January 1. Dimon had joined JPMorgan Chase as president and chief operating officer when the Bank One merger closed and became chairman one year after becoming CEO.

11. 2006Marvell

    Intel XScale business acquired

    Marvell buys Intel's communications and application processor (XScale) business for about $600 million, expanding into mobile chips it later exited.

12. 2008JPMorgan Chase

    Bear Stearns Acquired

    JPMorgan Chase completed its acquisition of Bear Stearns during the financial crisis.

13. 2008JPMorgan Chase

    Washington Mutual Operations Acquired

    After Washington Mutual Bank entered FDIC receivership, JPMorgan Chase paid $1.9 billion to acquire its banking operations, including assets, deposits, and qualified financial contracts under the transaction terms.

14. 2016Marvell

    Matt Murphy becomes CEO

    After an audit committee investigation and a settlement with Starboard Value, the founders leave and former Maxim executive Matt Murphy becomes CEO.

15. 2018Marvell

    Cavium acquired

    Marvell acquires Cavium for about $6 billion, adding OCTEON processors and networking products.

16. 2019Marvell

    Aquantia and Avera Semi acquired

    Marvell buys Aquantia for about $452 million and GlobalFoundries' Avera Semi custom ASIC unit for $650 million.

17. 2021Marvell

    Inphi acquired and move to Delaware

    Marvell closes its roughly $10 billion Inphi acquisition, adding optical DSPs, and redomiciles from Bermuda to Delaware as Marvell Technology, Inc.

18. 2021Marvell

    Innovium acquired

    Marvell acquires Ethernet switch startup Innovium for about $1.1 billion in stock, adding the Teralynx switch family.

19. 2023JPMorgan Chase

    First Republic Acquired from FDIC

    JPMorgan Chase acquired the substantial majority of First Republic Bank's assets and assumed deposits and certain liabilities from the FDIC.

20. 2025JPMorgan Chase

    FY2025 Net Revenue of $182.447B

    JPMorgan Chase reported U.S. GAAP total net revenue of $182.447 billion and net income of $57.048 billion. Its managed, fully taxable-equivalent segment presentation reported $185.581 billion of total net revenue across CCB, CIB, AWM, and Corporate.

21. 2025Marvell

    Automotive Ethernet sold to Infineon

    Marvell completes the $2.5 billion sale of its automotive Ethernet business to Infineon, recognizing a pre-tax gain of about $1.8 billion.

22. 2026JPMorgan Chase

    Chase to Become Apple Card Issuer

    On January 7, 2026 Apple and Chase announced that Chase will replace Goldman Sachs as Apple Card issuer over about 24 months.

23. 2026JPMorgan Chase

    Co-Presidents Named

    Doug Petno and Troy Rohrbaugh were named co-presidents in June 2026, and Marianne Lake announced her retirement.

24. 2026Marvell

    Celestial AI acquisition closes

    On February 2, 2026, Marvell completes its acquisition of photonic interconnect startup Celestial AI, valued at about $3.25 billion upfront in cash and stock.

25. 2026Marvell

    Fiscal 2026 revenue of $8.195 billion

    Marvell reports fiscal 2026 net revenue of $8.195 billion, up 42%, with Data Center at 74%.

26. 2026Marvell

    Nvidia invests $2 billion

    On March 31, 2026, Nvidia invests $2 billion in Marvell and the companies partner to connect Marvell silicon to Nvidia systems through NVLink Fusion.

27. 2026Marvell

    Dan Durn named CFO

    Former Adobe CFO Dan Durn becomes Marvell CFO on June 15, 2026, succeeding Willem Meintjes.

28. 2026Marvell

    Record Q2 fiscal 2027 revenue

    Marvell reports record quarterly revenue of $2.739 billion, up 37% year over year, and raises its fiscal 2027 and 2028 outlook.

Acquisitions

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