SoftBank Group (SFTBY) weighed a potential takeover of Marvell (MRVL) earlier this year, Bloomberg’s Ryan Gould, Min-Jeong Lee, Liana Baker, and Dinesh Nair report. According to people familiar with the matter, SoftBank founder Masayoshi Son has been studying Marvell as a possible target on and off for years, as part of his efforts to bet on hardware that can benefit from the artificial intelligence boom. SoftBank made overtures to Marvell several months ago, but the two sides couldn’t reach an agreement on terms, the people say. SoftBank considered combining Marvell with Arm (ARM), the people note.
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