ADVFN - Advanced Financial Network.
HOME» NASDAQ » B » BRCM Stock Price » BRCM Stock News

Broadcom Share News

 Broadcom (mm) Stock Price
BRCM Stock Price
 Broadcom (mm) Stock Chart
BRCM Stock Chart
 Broadcom (mm) Stock News
BRCM Stock News
 Broadcom (mm) Company Information
BRCM Company Information
 Broadcom (mm) Stock Trades
BRCM Stock Trades

Broadcom To Acquire Israeli Startup BroadLight - Report

JERUSALEM -(Dow Jones)- Global chip maker Broadcom Corp. (BRCM) has reportedly acquired Israeli startup BroadLight Ltd. for at least $200 million, two Israeli newspapers report Tuesday. The Marker, the financial section of the daily Haaretz newspaper, reports that two companies signed an agreement of intent Tuesday for a $230 million acquisition after four months of negotiations. Financial daily Globes reported that the deal is worth for $200 million. Both companies declined to comment. BroadLight, which develops chips and software for fiber optic broadband networks, was set up in 2000 and has raised about $60 million in venture capital from such funds as Benchmark Capital, Israel Seed Partners and Motorola Ventures. Broadcom has a development center that employs 500 people in Israel and the deal would represent Broadcom's 10th Israeli acquisition. The company, which makes chips for set-top boxes, networking and smartphones, has been expanding its networking portfolio. The company last month closed its $3.7 billion purchase of NetLogic Microsystems. -By Sara Toth Stub, contributing to Dow Jones Newswires, saratoth@gmail.com (Shara Tibken contributed to this story.)

Stock News for Broadcom (BRCM)
DateTimeHeadline
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201515:00:02Why Apple Inc. Wonât Buy NVIDIA Corporationâs Icera
05/15/201511:09:06Correction to Qualcomm Article on Thursday
05/14/201518:04:39Statement of Changes in Beneficial Ownership (4)
05/14/201518:03:13Statement of Changes in Beneficial Ownership (4)
05/14/201518:02:12Statement of Changes in Beneficial Ownership (4)
05/14/201518:01:18Statement of Changes in Beneficial Ownership (4)
05/14/201517:59:54Statement of Changes in Beneficial Ownership (4)
05/14/201517:58:54Statement of Changes in Beneficial Ownership (4)
05/14/201517:57:30Statement of Changes in Beneficial Ownership (4)
05/14/201516:37:45Qualcomm Wants to Push Chips Further Into Internet of Things
05/14/201516:18:37Current Report Filing (8-k)
05/14/201509:05:00Synopsys and Broadcom Expand Collaboration to Deploy ARC Processors...
05/12/201519:04:31Statement of Changes in Beneficial Ownership (4)
05/12/201512:44:00Broadcom Board of Directors Declares Quarterly Dividend
05/12/201508:00:00Broadcom WICED Platform Offers Full HomeKit Support
05/12/201508:00:00Broadcom's WICED Smart Ready SoC Doubles Data Rates for IoT Devices
05/10/201507:23:02Tech Names Winning Big With the Apple Watch
05/07/201516:56:20Statement of Changes in Beneficial Ownership (4)
05/07/201516:55:27Statement of Changes in Beneficial Ownership (4)

Broadcom and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad