Tsinghua Adds Marvell Stake To Lattice and Imagination
May 16, 2016
While Tsinghua was buying it’s 3% stake in Imagination earlier this month, it had already bagged up a stake in Marvell, a May 2nd SEC filing reveals.
The size of the Marvell stake is not stated but It must be at least 5% which is the level required for disclosure under SEC rules.
Last month Tsinghua bought a 6% stake in Lattice which it has since increased to 8.65%.
This strategy of buying small stakes in chip companies is a departure from Tsinghua’s earlier practice of making full-scale takeover bids.
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