[4] In April 2016, CEO Sehat Sutardja and President Weili Dai were ousted from their posts after activist investor Starboard Value fund took a roughly 7 percent stake in the company.
Marvell OCTEON and ARMADA DPUs which integrate a CPU, network interfaces and programmable data acceleration engines on a specialized electronic circuit.
[23][26] And it provides services for ASICs development to the Aerospace and Defense industries through its independent subsidiary Marvell Government Solutions (MGS).
[32] Marvell's security-related products include their LiquidSecurity HSM Adapters and NITROX Cryptographic Offload Engines.
[50] The press estimated that the founders and other executives had made $760 million in gains from the options, which were awarded by the founding couple, Sehat Sutardja and Weili Dai.
[51] The SEC asked to interview the company's general counsel Matthew Gloss, but Marvell claimed attorney–client privilege.
[54] Marvell restated its financial results, and stated that Dai will no longer be executive vice president, chief operating officer, and director but continue with the company in a non-management position.
[55] The company agreed to pay a $10 million fine in 2008, but did not fire Dai nor replace Sutardja as chairman as stated by the investigating committee.
[50][54] In December 2012, a Pittsburgh jury ruled that Marvell had infringed two patents (co-inventors Alek Kavčić and Jose Moura) by incorporating hard disk technology developed and owned by Carnegie Mellon University without a license.
[56] The technology, relating to improving hard disk data read accuracy at high speeds, was reported to have been used in 2.3 billion chips sold by Marvell between 2003 and 2012.
[58] The jury also found that the breach had been "willful", giving the judge discretion to award up to three times the original damage amount.