Marvell Technology Inc
For the period ended Feb 1, 2025. Filed Mar 12, 2025.
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FY2025 · Filed Mar 12, 2025
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Item 2. Properties
The following table presents the approximate square footage of our significant owned and leased facilities as of February 1, 2025:
| (Square Feet) | |||
|---|---|---|---|
| Locations | Primary Use | Owned Facilities | Leased Facilities (1) |
| United States | Research and design, sales and marketing, administration and operations | 983,000 | 430,000 |
| India | Research and design | — | 311,000 |
| Israel | Research and design | — | 187,000 |
| Taiwan | Research and design | — | 113,000 |
| Canada | Research and design | — | 97,000 |
| Singapore | Operations, and research and design | — | 93,000 |
| China | Research and design, and sales and marketing | 116,000 | 14,000 |
| Total | 1,099,000 | 1,245,000 | |
(1)Lease terms expire in various years from 2025 through 2037; provided, however, that we have the option to extend certain leases past the current lease term. We have ceased-use lease facilities and subleased facilities of approximately 223,000 square feet in the United States that are excluded from the table above.
We also lease smaller facilities in various international locations, which are occupied by administrative, sales, design and field application personnel. Based on the potential for future hiring, we believe that our current facilities in most locations will be adequate to meet our requirements at least through the next fiscal year.
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