Marvell could not quite wait for Consumer Electronics Show 2012 to spill the beans this on its huge GoogleTV win. The ARM-based processor company will have its Armada 1500 chipset at the heart of upcoming GoogleTV 2.0 solutions.

Most of the processor details are below, but the big news is that Google is going with low cost/low heat ARM processors for its next-generation set top boxes rather than Intel, who dropped out of the set top box market.  With Marvell, Google should be able to compete on price with Roku, AppleTV and the other players in the market, and more importantly, it should be able to persuade TV manufacturers to include the low cost chips into hardware designs.

Marvell boasts that the Armada 1500 does 1080P 3D, as well as Flash – even though Adobe’s long-term plans outside of the desktop market are murky at best.

It does not appear that Google will build its own devices (although, the image above makes for interesting conversation), but it will continue to OEM out Google software. In a statement, Mario Queiroz, VP, Product Management Google TV said: “The Google and Marvell teams have been working closely together to bring our combined software and chipset technologies to market to grow the Google TV ecosystem of manufacturers and devices. Marvell-powered Google TV solutions will enable powerful products to be brought to market at attractive prices.”

Eric Schmidt recently said Google hopes to have GoogleTV embedded in the majority of SmartTVs by the summer of 2012, so this is a very aggressive rollout plan.  We expect to hear much more at CES, where most consumer electronics companies release product plans for the upcoming year.

Another interesting tidbit: GoogleTV appears to be fully underneath its YouTube wing with media contacts listed for YouTube press people. The full press release is available below. expand full story