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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 [update] operates as a wholly owned subsidiary of the merged entity Broadcom Inc.
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On 9 August 2019, news sources reported that Broadcom had decided to acquire the enterprise security business of Symantec Corporation (the consumer software portion of which is now known as Gen Digital) for $10.7 billion in cash. [51]
Nov 15, 2022 · Learn about the largest shareholders of Broadcom, the semiconductor manufacturer, and how their holdings may affect the company's prospects and decisions. Find out the market value, ownership percentage and background of the top five institutional investors in AVGO.
- Rob Griffin
Oct 12, 2023 · Institutional Ownership and Key Players. Broadcom Inc's institutional ownership history reveals the levels of trust and confidence that major players have in the company's future. As of...
May 28, 2015 · Avago Acquires Broadcom, a Mega Merger for the Semiconductor Industry. Avago and Broadcom stock surges in yesterday’s trading. In a May 28 press release, Avago Technologies (AVGO) announced it...
Jul 12, 2018 · Henry Samueli is Broadcom's largest shareholder, with 254,338 shares held directly as of April 3, 2018. Samueli is the co-founder and current chief technical officer of Broadcom.
The transaction has been unanimously approved by the boards of directors of both companies, as well as a special committee of the independent directors of Broadcom. Dr. Samueli and Dr. Nicholas, the founders of Broadcom, have signed support agreements to vote to approve the transaction.