Tag Archive: avago

AVAGO TECHNOLOGIES TO ACQUIRE BROADCOM FOR $37 BILLION

Avago Technologies Limited and Broadcom Corporation today announced that they have entered into a definitive agreement under which Avagowill acquire Broadcom in a cash and stock transaction that values the combined company at $77 billion in enterprise value. Upon completion of the acquisition, the combined company will have the most diversified communications platform in the semiconductor industry, with combined annual revenues of approximately $15 billion. Read the rest of this entry »