Marvell Technology Group (MRVL)

Net Cash (Used in) Provided by Investing Activities

Net cash used in investing activities was $149.6 million for the first nine months of fiscal 2008 while net cash provided by investing activities was $121.3 million for the first nine months of fiscal 2007. The net cash used in investing activities in the first nine months of fiscal 2008 was due to purchases of short-term investments of $165.9 million, purchases of property and equipment of $81.1 million and purchases of technology licenses of $19.5 million, partially offset by sales and maturities of short-term investments of $120.5 million.  The net cash provided by investing activities in the first nine months of fiscal 2007 was due to sales and maturities of short-term investments of $804.9 million partially offset by purchases short-term investments of $266.9, purchases of property and equipment of $121.4 million and cash paid for acquisitions of $283.0 million.

Net Cash (Used in) Provided by Investing Activities

Net cash used in investing activities was $151.9 million for the first three months of fiscal 2008 while net cash provided by investing activities was $127.3 million for the first three months of fiscal 2007. The net cash used in investing activities in the first three months of fiscal 2008 was due to purchases of short-term investments of $108.0 million, purchases of property and equipment of $35.3 million and purchases of technology licenses of $15.7 million, partially offset by sales and maturities of short-term investments of $8.0 million.  The net cash provided by investing activities in the first three months of fiscal 2007 was due to sales and maturities of short-term investments of $238.1 million, partially offset by purchases of short-term investments of $57.4 million, purchases of purchases of property and equipment of $28.9 million and cash paid for acquisitions of $24.0 million..