Microsoft Selects Marvell's LiquidSecurity for Azure Cloud HSM, Boosting MRVL Stock

Marvell Technology (MRVL) is in focus as Microsoft selects Marvell's LiquidSecurity family of hardware security modules (HSMs) for Microsoft Azure Cloud HSM. This collaboration allows Microsoft Azure customers to enjoy secure and compliant key management services. Marvell's LiquidSecurity HSMs are FIPS 140-3 Level 3 certified, offering secure, direct, and end-to-end encrypted access. The partnership extends Marvell's collaboration with Microsoft, enabling Azure customers to leverage the latest security standards for demanding applications.

Microsoft has chosen Marvell Technology, Inc.'s (MRVL) LiquidSecurity family of hardware security modules (HSMs) to power its Azure Cloud HSM service. This strategic partnership expands Marvell's existing collaboration with Microsoft, allowing Azure customers to benefit from secure and compliant key management services.

Marvell's LiquidSecurity HSMs are PCIe-based devices designed for multi-tenant cloud environments. A single LiquidSecurity card can manage 100,000 pairs of encryption keys and process more than one million operations per second, offering significant efficiency advantages over traditional HSMs [1].

The Azure Cloud HSM service is highly available, single-tenant, and FIPS 140-3 Level 3 certified, providing secure access over a private link from customers' virtual networks. This certification is crucial for security-sensitive industries such as financial services and healthcare, ensuring compliance with stringent security standards [2].

Will Chu, senior vice president at Marvell, emphasized the collaboration's vision to modernize the HSM market and enable Azure customers to leverage the latest security standards for demanding applications. Soumya Subramanian, vice president of Cloud Security Engineering at Microsoft, noted that the service addresses customer needs for HSM control without the overhead of managing high availability clusters independently [3].

The HSM-as-a-service market is expected to grow at an annual rate of 8.5% through 2029, aligning with Marvell's current trajectory. The company has maintained a robust 16% revenue CAGR over the past five years, positioning it for significant growth in this strategic market [1].

This partnership strengthens Marvell's position in the cloud security infrastructure space, potentially creating a sustainable revenue stream as more organizations migrate security functions to the cloud. The selection of Marvell's LiquidSecurity HSMs for Azure Cloud HSM demonstrates Microsoft's continued confidence in Marvell's technology and its ability to meet the evolving security demands of cloud-scale applications.

References:
[1] https://www.investing.com/news/company-news/microsoft-selects-marvells-liquidsecurity-hsms-for-azure-cloud-hsm-93CH-4197821
[2] https://www.techpowerup.com/340060/marvell-liquidsecurity-selected-for-microsoft-azure-cloud-hsm
[3] https://www.stocktitan.net/news/MRVL/marvell-liquid-security-selected-for-microsoft-azure-cloud-cbwbdhgs6ri4.html