Broadcom completes acquisition of NetLogic Microsystems

By Telecom Lead Team: Broadcom, a provider of semiconductor
solutions for communications industry, has completed its $3.7 billion
acquisition of NetLogic Microsystems, a provider of high performance
intelligent semiconductor solutions for next generation networks.


The acquisition of NetLogic Microsystems extends
infrastructure portfolio with key technologies, including multi-core
embedded processor and knowledge-based processor solutions, both critical
enablers of the next generation infrastructure build-out.


In addition, acquisition enables Broadcom to deliver
seamlessly integrated network infrastructure platforms to its customers,
reducing both time-to-market and development costs.


The NetLogic acquisition is a significant milestone in
Broadcom’s strategy to extend its communications infrastructure leadership and
take advantage of the explosive growth in mobile and video traffic and the rise
of cloud computing,” said Broadcom CEO Scott McGregor.


the company said that the acquisition adds a high-margin, high-growth business
that strongly increases the addressable market of their infrastructure and
networking business.


On completion of acquisition, Ron Jankov, former
president and CEO of NetLogic Microsystems has joined Broadcom as a Senior Vice
President and General Manager.


He is reporting to Rajiv Ramaswami, Broadcom’s Executive
Vice President and General Manager, Infrastructure & Networking Group.
NetLogic Microsystems’ 700-plus employees will immediately become part of


The transaction, announced on September 12, 2011, cleared
all required regulatory reviews and was approved by NetLogic Microsystems’


 Broadcom will include NetLogic Microsystems’
contribution to financial performance in the company’s first quarter earnings
announcement, the company added in a statement.


A few days back, Broadcom
launched the BCM43460, the world’s first 5G WiFi system-on-chip (SoC).


The BCM43460 is designed to address growing demand
for Gigabit speeds in enterprise, wireless cloud networks and carrier access.


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