The information in Item 2.02 of this Current Report is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18. The information in Item 2.02 of this Current Report shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language contained in such filing.

On May 8, 2008, Marvell Technology Group Ltd. (the “Company”) issued a press release announcing that it has entered into a settlement with the Securities and Exchange Commission (“SEC”) in connection with the SEC’s previously disclosed investigation into the Company’s historic stock option granting practices.  In connection with the settlement, the Company will accrue $10 million for the payment of a civil penalty in its first quarter of fiscal 2009 financial statements.

Item 8.01 Other Events.

On May 8, 2008, the Company issued a press release announcing that it has entered into a settlement with the SEC in connection with the SEC’s previously disclosed investigation into the Company’s historic stock option granting practices.  A copy of the press release is attached as Exhibit 99.1, and the information in Exhibit 99.1 is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.