Marvell Shares Gain as Microsoft Expands Azure Security Partnership Across Europe

Marvell Technology (NASDAQ:MRVL) traded 1.6% higher on Monday morning, outperforming the broader market after the chipmaker revealed an expanded security partnership with Microsoft (NASDAQ:MSFT) focused on strengthening cloud protections in Europe.

The company said Microsoft is broadening its adoption of Marvell’s LiquidSecurity hardware security modules (HSMs), enabling Azure to offer additional cloud-based security services to European customers. The move builds on the companies’ existing collaboration supporting similar services in North America and Asia.

Marvell’s announcement comes after its LiquidSecurity platform secured two key European certifications earlier this year: eIDAS and Common Criteria EAL4+, both of which aim to enhance digital trust and cybersecurity standards across the region.

By integrating LiquidSecurity, Microsoft Azure can streamline tasks such as identity verification, cross-border contract certification, and other digital authentication needs. The solution is designed to reduce operational complexity, lower costs, and accelerate secure transactions for enterprise and government clients.

Soumya Subramanian, vice president of Cloud Security Engineering at Microsoft Azure, said, “Through our collaboration with Marvell, we are able to offer Azure’s customers working in the electronic identity and passport space the most secure and compliant key management services available in public, sovereign or government clouds today.”

Marvell highlighted that its LiquidSecurity HSMs are purpose-built for high-density, multi-tenant cloud environments, capable of managing up to one million encryption keys and processing more than one million cryptographic operations per second on a single adapter—while consuming far less hardware and power than conventional solutions.

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