Avago to acquire Broadcom

31st May, 2015
6

Chipmaker Avago has agreed to acquire Broadcom in a $37 billion cash and share deal, with the transaction set to be completed by the end of the first quarter of 2016.

“This transaction benefits all of Broadcom's key stakeholders. Our customers will gain access to a greater breadth of technology and product capability. For our shareholders, the transaction provides both compelling up-front value as well as the opportunity to participate in the future upside of the combined...

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