GALILEO

Since 1987, Galileo has been a leading global provider of modular technologies for the production and transportation of compressed natural gas (CNG) and liquefied natural gas (LNG). Their extensive product range includes compressors and pumps for both vehicles and vessels, pipeline boosters, wellhead compressors, and the innovative Virtual Pipeline™ system, which enables gas distribution by road to remote communities and industries lacking pipeline infrastructure. Headquartered in Buenos Aires, Argentina, with a Global Service and Training Hub in Los Angeles, USA, Galileo exports its products and offers continuous support to customers in 70 countries across Latin America, North America, Europe, Africa, and Asia.

On January 22, 2001, Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in the development of advanced broadband DSP-based mixed-signal integrated circuits for communication signal processing markets, announced the acquisition of Israel-based Galileo Technology Ltd. (Galileo).

Galileo, a prominent supplier of high-performance integrated circuit devices for LAN, MAN, and WAN markets, is recognized as one of the fastest-growing companies in the semiconductor industry. Following the acquisition, Galileo became a wholly-owned subsidiary of Marvell Technology Group Ltd., continuing its operations in Manof, Israel, and San Jose, California. The merger combines Marvell and Galileo's technological expertise, positioning the company to offer comprehensive solutions for building networked communication systems. Additionally, the merger expands Marvell's market opportunities in areas such as 10 Gigabit Ethernet, wireless, and terabit-class communication solutions.