Broadcom Set to Acquire NetLogic in $3.7 Billion Deal - TMCnet's Financial eNews

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ITEXPO West begins in: In Progress   Featured Articles » 8x8 Buys Cloud Contact Center Vendor Contactual » Utility Spending on Telecom Could Reach $3.2 Billion in 2011, UTC Study Finds - Wireless Spending Could Double in Five Years » Alfalak Releases Funds to Help Drive PHXX's OTT Video Platform Technology Advancements  Sponsored By: ITEXPO West - September 13-15, 2011, ITEXPO is the event with an educational program that teaches resellers, enterprises, SMBs, and Government Agencies how to select IP-based voice, video, fax, and unified communications to purchase or resell. It's where service providers learn how to profitably roll out services their subscribers are clamoring for. ITEXPO is where buyers, sellers, resellers, and manufacturers meet to forge relationships and close deals.   From The Expert Corner September 12, 2011 Broadcom Set to Acquire NetLogic in $3.7 Billion Deal By John Lahtinen, Community Development Editor, TMCnet Extending its infrastructure portfolio with a number of critical new product lines and technologies, including knowledge-based processors, multi-core embedded processors, and digital front-end processors, Broadcom Corporation (News - Alert), a global provider of semiconductor solutions for wired and wireless communications, has announced a definitive merger agreement with NetLogic Microsystems (News - Alert), a provider of high performance intelligent semiconductor solutions for next generation networks, under which NetLogic shareholders will receive $50 per share in a transaction of approximately $3.7 billion. “This transaction delivers on all fronts for Broadcom’s shareholders – strategic fit, leading-edge technology and significant financial upside,” said Scott McGregor, Broadcom’s president and CEO, in a release. “With NetLogic Microsystems, Broadcom is acquiring a leading multi-core embedded processor solution, market leading knowledge-based processors, and unique digital front-end technology for wireless base stations that are key enablers for the next generation infrastructure build-out. Broadcom is now better positioned to meet growing customer demand for integrated, end-to-end communications and processing platforms for network infrastructure.”...Read More    Featured Videos http://www.tmcnet.com/tmc/videos/default.aspx?vid=4613   Featured Channels » Enterprise Fax over IP » Expense Management » Governance, Risk & Compliance » Fax Over IP   Advertise With Us   General advertising Info: Click here      Contact Us   Company Directory    |    All Editors' Info   Become a TMCnet columnist! Become a TMCnet columnist! Want to contribute your expertise to a growing audience of technology professionals? Become a writer, blogger or columnist for the TMCnet Web site and this newsletter. Contact TMCnet Group Editorial Director, Erik Linask, at elinask@tmcnet.com for details.

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