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Apr 28, 2016 · Under the terms of the deal, Cypress will acquire Broadcom's Wi-Fi, Bluetooth and Zigbee IoT product lines and intellectual property, along with its WICED brand and developer ecosystem.
Apr 29, 2016 · Broadcom has agreed to sell off its wireless IoT business to semiconductor firm Cypress, in a deal worth roughly $550 million. Hardware manufacturer Broadcom, now owned by Avago Technologies following a $37bn acquisition last year, will be selling off its IoT arm – including its wifi, Bluetooth and Zigbee product lines and intellectual property.
Apr 28, 2016 · Cypress Semiconductors has agreed to buy Broadcom Limited's wireless Internet of Things business for $550 million, further pushing its integrated chipsets into things like wireless sensors,...
- James Morra
Cypress Semiconductor Corp. has closed its acquisition of the Wireless Internet of Things (IoT) business and related assets of Broadcom Limited in an all-cash transaction valued at $550 million.
Jul 5, 2016 · SAN JOSE, Calif., July 5, 2016 /PRNewswire/ -- Cypress Semiconductor Corp. (Nasdaq: CY) today announced that it has closed its previously announced acquisition of the Wireless Internet of Things...
Apr 29, 2016 · Cypress will acquire Broadcom's Wi-Fi, Bluetooth and Zigbee IoT product lines and intellectual property, along with its WICED brand and developer ecosystem — a $550 million value.
Apr 28, 2016 · (Reuters) - Chipmaker Cypress Semiconductor Corp said it agreed to buy Broadcom Ltd's Internet of Things (IoT) business and related assets for $550 million in cash.