Close the acquisition of Innovium
Delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 3 Aug 2021
- Due
- 31 Dec 2021
- Delivered
- 5 Oct 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close by the end of calendar 2021, subject to the satisfaction of customary closing conditions, including approval by Innovium’s shareholders and applicable regulatory approvals.”
What we found
Evidence strength A What the grades mean
Marvell Technology completed the acquisition of Innovium on October 5, 2021, which is before the end of the 2021 calendar year deadline.
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A Marvell Technology 10-K filed 2022-03-10
“On October 5, 2021, we completed our acquisition of Innovium, Inc. (“Innovium”), a leading provider of networking solutions for cloud and edge data centers, in an all-stock transaction.” ✓ confirmed on the page
Market reaction: the shares moved -7.0% against the S&P 500 over the three sessions around the disclosure (9 Mar 2022 to 14 Mar 2022). What this measures
Checked 7 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- acquisition of Innovium
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to the satisfaction of customary closing conditions, including approval by Innovium’s shareholders and applicable regulatory approvals
- Depends on
- Regulatory, Shareholder
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2021-MRVL-005049 · Corrections policy