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Chipmaker Broadcom Ltd said on Wednesday it would buy network gear maker Brocade Communications Systems Inc for $5.5 billion to expand its fiber channel and data storage businesses, the latest in ...
Broadcom plans to sell Brocade's IP networking business, including Ruckus Wireless, which Brocade agreed to buy in April for $1.2 billion. Last year Avago Technologies purchased the chip maker for ...
Brocade would appear to add about $10/share of value to Broadcom, ... AVGO) (or more precisely, the company previously known as Avago) knows what it wants in M&A and is not afraid to go for it.
Broadcom Ltd said on Friday it completed its $5.5 billion acquisition of network gear maker Brocade Communications Systems Inc.
Avago recently rebranded to "Broadcom Ltd." after a $37 billion acquisition deal announced in May and finalized earlier this month. The chip developer and manufacturer is one of Fort Collins ...
With Avago Technologies Ltd.’s acquisition of Brocade Communication Systems Inc. set to close late in fiscal 2017 (October quarter of 2017), investors and analysts are looking ahead to Avago’s ...
Singapore-based Broadcom, formerly Avago Technologies, is known for its connectivity chips used in products ranging from mobiles to servers, while California-based Brocade makes networking ...
Singapore-based Broadcom, formerly Avago Technologies, is known for its connectivity chips used in products ranging from mobiles to servers, while California-based Brocade makes networking ...
Chipmaker Broadcom Ltd <AVGO.O> said it would buy Brocade Communications Systems Inc <BRCD.O> for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers.
The deal, the latest in a consolidating chip sector, will allow Broadcom to corner a larger share of the data center products market by using Brocade's fiber channel switches that speed up data ...