Known for its semiconductor solutions company Broadcom Corporation officially announced the acquisition of a rather large developer NetLogic Microsystems, specializing in creating networking chips. Thus the total cost of the transaction is valued at $ 3.7 billion, equivalent to $ 50 per share to be paid in cash.
According to Broadcom, the deal is very important for the company and allow it to expand its portfolio through a number of new product lines, including in areas such as multi-core processors for embedded systems and digital processors remote data. It is expected that this will improve the performance and functionality development Broadcom and make them more competitive.
According to President and Chief Executive Officer Broadcom Scott McGregor, together with NetLogic Microsystems, they acquire a lot of solutions in the areas mentioned above, which are key instruments for implementing the network infrastructure the next generation. We add that the deal between Broadcom and NetLogic should be closed in the first half of 2012.
According to Broadcom, the deal is very important for the company and allow it to expand its portfolio through a number of new product lines, including in areas such as multi-core processors for embedded systems and digital processors remote data. It is expected that this will improve the performance and functionality development Broadcom and make them more competitive.
According to President and Chief Executive Officer Broadcom Scott McGregor, together with NetLogic Microsystems, they acquire a lot of solutions in the areas mentioned above, which are key instruments for implementing the network infrastructure the next generation. We add that the deal between Broadcom and NetLogic should be closed in the first half of 2012.
