Broadcom Corporation
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Avago Technologies Ltd (NASDAQ: AVGO) announced on Thursday it has entered into a definitive agreement to acquire Broadcom Corporation (NASDAQ: BRCM) for approximately $37 billion.
Broadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial markets.
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Broadcom Corporation was an American fabless semiconductor company that made products for the wireless and broadband communication industry. It was acquired by Avago Technologies for $37 billion in 2016 and currently operates as a wholly owned subsidiary of the merged entity Broadcom Inc.
May 27, 2015 · Under the terms of the definitive agreement, Avago will acquire Broadcom for $17 billion in cash consideration and the economic equivalent of approximately 140 million Avago ordinary shares, valued at $20 billion as of May 27, 2015, resulting in Broadcom shareholders owning approximately 32% of the combined company.
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Broadcom Corporation provides semiconductors products. The Company offers cable modems, filters, amplifiers, networking processors, storage adapters, controllers, fiber optic modules, motion...
