Marvell vs Visa: Founders, CEOs and History
Marvell was founded in 1995 by Sehat Sutardja, Weili Dai, Pantas Sutardja and is led by Matthew J. Murphy. Visa was founded in 1958 by Dee Hock and is led by Ryan McInerney.
Company facts
Founders
Marvell
Sehat Sutardja
Sehat Sutardja (1961-2024) was born in Indonesia and earned his master's and PhD in electrical engineering and computer science at UC Berkeley.
Weili Dai
Weili Dai was born in Shanghai and studied computer science at UC Berkeley. She co-founded Marvell in 1995 with her husband Sehat Sutardja and his brother Pantas, and led sales, operations and partnerships, later serving as president.
Pantas Sutardja
Pantas Sutardja, Sehat's brother and also a UC Berkeley-trained electrical engineer, co-founded Marvell in 1995 and worked on its core mixed-signal and storage technology, later serving as chief technology officer.
Visa
Dee Hock
Dee Hock (1929-2022) was the founding CEO of National BankAmericard Inc., the bank-owned company that took over the BankAmericard licensing system from Bank of America in 1970 and adopted the Visa name in 1976.
CEOs and their tenures
Marvell
- Sehat Sutardja1995–2016
Co-founder and Chief Executive Officer
As co-founder and long-time CEO, he scaled the company from a small startup into a multi-billion dollar semiconductor powerhouse before being ousted by the board in 2016 following an internal accounting probe.
Source - Matthew J. Murphy2016–present
Chairman and Chief Executive Officer
Became CEO in 2016 after 22 years at Maxim Integrated. Exited mobile and consumer chips, bought Cavium, Inphi and Innovium, sold automotive Ethernet and refocused Marvell on data infrastructure and AI.
Source - Dan Durn2026–present
Executive Vice President and Chief Financial Officer
As CFO, he aggressively optimized the company's debt profile and oversaw the financial strategy that heavily repositioned Marvell as a pure-play cloud and AI infrastructure provider.
Source
Visa
- Alfred F. Kelly Jr.2016–2023
Chief Executive Officer
Serving as CEO from 2016 to 2023, he heavily modernized the massive legacy network, aggressively integrating fintechs and preparing the network to process highly complex cryptocurrency transactions.
Source - Ryan McInerney2023–present
Chief Executive Officer
McInerney joined Visa in 2013 as president after senior roles at JPMorgan Chase and became chief executive on February 1, 2023, succeeding Alfred F. Kelly Jr.
Source
Timeline: Marvell and Visa side by side
1958Visa
BankAmericard launched
Bank of America launched BankAmericard, the direct predecessor to Visa.
1976Visa
Visa name adopted
The network adopted the Visa name to support international acceptance and brand consistency.
1995Marvell
Marvell founded
Sehat Sutardja, Weili Dai and Pantas Sutardja found Marvell to build CMOS read-channel chips for hard disk drives.
2000Marvell
Nasdaq IPO
Marvell lists on Nasdaq under the ticker MRVL.
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.
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.
2008Visa
Visa IPO
Visa became a public company, changing the economics from a bank association structure to a shareholder-owned company.
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.
2016Visa
Alfred F. Kelly Jr. becomes CEO
Alfred F. Kelly Jr. became CEO of Visa in 2016. Chief executive of Visa from December 2016 to January 2023, when Ryan McInerney succeeded him; Kelly then served as executive chairman.
2018Marvell
Cavium acquired
Marvell acquires Cavium for about $6 billion, adding OCTEON processors and networking products.
2019Marvell
Aquantia and Avera Semi acquired
Marvell buys Aquantia for about $452 million and GlobalFoundries' Avera Semi custom ASIC unit for $650 million.
2020Visa
Acquired Plaid (abandoned)
Visa acquired Plaid (abandoned) for $5.3 billion. Visa agreed in January 2020 to buy US data-connectivity fintech Plaid for USD 5.3 billion.
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.
2021Marvell
Innovium acquired
Marvell acquires Ethernet switch startup Innovium for about $1.1 billion in stock, adding the Teralynx switch family.
2022Visa
Tink acquisition
Visa completed its purchase of Stockholm-based open banking platform Tink in March 2022.
2023Visa
Ryan McInerney becomes CEO
Ryan McInerney became Visa's CEO after serving as president.
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.
2025Visa
Revenue reaches $40.0B
Visa reported $40.0 billion in fiscal 2025 net revenue.
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.
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%.
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.
2026Marvell
Dan Durn named CFO
Former Adobe CFO Dan Durn becomes Marvell CFO on June 15, 2026, succeeding Willem Meintjes.
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
Marvell
- Celestial AI2026$3.3B
- Inphi Corporation2021$10B
- Innovium2021$1.1B
- Cavium2018$6B
Questions about Marvell vs Visa
Who is the CEO of Marvell Technology, Inc. and Visa Inc.?
Marvell Technology, Inc. is led by Matthew J. Murphy and Visa Inc. is led by Ryan McInerney. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Marvell Technology, Inc. founded vs Visa Inc.?
Visa Inc. was founded in 1958 — 37 years before Marvell Technology, Inc., which was founded in 1995. Visa Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Marvell Technology, Inc..
How many employees does Marvell Technology, Inc. have compared to Visa Inc.?
Marvell Technology, Inc. employs approximately 7,400 people, while Visa Inc. employs approximately 34,100. Visa Inc. has the larger workforce at 34,100 employees, compared to Marvell Technology, Inc.'s 7,400. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Marvell Technology, Inc. and Visa Inc. headquartered?
Both Marvell Technology, Inc. and Visa Inc. are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Marvell Technology, Inc. and Visa Inc.?
Marvell Technology, Inc. was founded by Sehat Sutardja, Weili Dai, Pantas Sutardja. Visa Inc. was founded by Dee Hock.
Which company has a longer operating history — Marvell Technology, Inc. or Visa Inc.?
Visa Inc. has been operating for approximately 68 years, making it the more established of the two companies. Marvell Technology, Inc. has been in operation for around 31 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Marvell vs Visa overview