Marvell vs Texas Instruments: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: Marvell and Texas Instruments side by side

1. 1951Texas Instruments

   Texas Instruments Incorporated Founded

   Texas Instruments Incorporated was formally established as an independent entity in 1951 by Cecil H. Green, J. Erik Jonsson, Eugene McDermott, and Patrick E. Haggerty, growing out of the electronics manufacturing operations of Geophysics Service Incorporated.

2. 1952Texas Instruments

   Western Electric Transistor License Acquired

   TI acquired a license from Western ElectricAT&T's manufacturing subsidiaryto produce transistors based on Bell Laboratories' technology for a fee of 25,000 dollars.

3. 1954Texas Instruments

   First Commercial Silicon Transistor

   TI engineer Gordon Teal announced the world's first commercial silicon transistor at the Institute of Radio Engineers convention, shocking competitors who had not believed silicon transistors were manufacturable at commercial volumes.

4. 1958Texas Instruments

   Jack Kilby Invents the Integrated Circuit

   On September 12, 1958, TI engineer Jack Kilby demonstrated the world's first working integrated circuit, a small piece of germanium containing a transistor, capacitor, and resistors connected by metal wire on a single substrate.

5. 1972Texas Instruments

   First Handheld Electronic Calculator

   TI introduced the Datamath, the world's first commercial handheld electronic calculator powered by a single integrated circuit chip that TI designed and manufactured.

6. 1978Texas Instruments

   TMS9900: World's First Single-Chip 16-Bit Microprocessor

   TI introduced the TMS9900, the world's first commercially available single-chip 16-bit microprocessor.

7. 1983Texas Instruments

   Exit from Home Computer Market

   Texas Instruments announced the discontinuation of the TI-99/4A home computer following losses estimated at approximately 660 million dollars from its consumer PC business.

8. 1995Marvell

   Marvell founded

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

9. 1996Texas Instruments

   Digital Light Processing Technology Commercial Launch

   TI commercially launched Digital Light Processing technology based on the Digital Micromirror Device chip invented by engineer Larry Hornbeck in 1987.

10. 2000Marvell

    Nasdaq IPO

    Marvell lists on Nasdaq under the ticker MRVL.

11. 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.

12. 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.

13. 2011Texas Instruments

    National Semiconductor Acquisition for 6.5 Billion Dollars

    TI completed the acquisition of National Semiconductor Corporation for approximately 6.5 billion dollars in cash, adding National's extensive analog product portfolioparticularly in power management and audio amplifiersto TI's catalog.

14. 2013Texas Instruments

    Exit from Mobile Application Processor Business

    Texas Instruments formally exited the mobile application processor market, discontinuing development of its OMAP processor line that had powered smartphones and tablets from Nokia, Motorola, Amazon, and Barnes and Noble.

15. 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.

16. 2018Marvell

    Cavium acquired

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

17. 2019Marvell

    Aquantia and Avera Semi acquired

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

18. 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.

19. 2021Marvell

    Innovium acquired

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

20. 2021Texas Instruments

    CHIPS Act Manufacturing Expansion Announcement

    TI announced plans to construct new 300-millimeter semiconductor fabrication facilities in Sherman, Texas, and to expand its Lehi, Utah facility acquired from Micron Technology.

21. 2023Texas Instruments

    Haviv Ilan Becomes CEO

    Haviv Ilan assumed the role of President and Chief Executive Officer of Texas Instruments, succeeding Rich Templeton who had served as CEO since 2004.

22. 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.

23. 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.

24. 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%.

25. 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.

26. 2026Marvell

    Dan Durn named CFO

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

27. 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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