Marvell Technology Group’s Israeli staff accounts for 30% of its total global workforce.
Marvell Technology Group (Nasdaq: MRVL) will hire 100 employees in Israel. The company has already hired 200 people in Israel this year, and plans to expand its local operations in view of the expected excellent financial results due to be released at the end of the year.
Marvell’s Israeli staff accounts for 30% of its total global workforce.
For the first time in its history, Marvell will publish financial data before the end of the year. The figures indicate that it will post record $2 billion revenue this year. With the publication of the projected revenue figures, the company gave each employee a video camera, which includes a Marvell processor.
Published by Globes [online], Israel business news - www.globes.co.il - on October 23, 2006
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