Broadcom has completed the acquisition of Advanced Micro Devices' digital TV (DTV) chip business for $141.5 million, more than $50 million less than the two companies originally agreed upon, Broadcom said.
Wireless and audio chip vendor CSR plc has asserted a number of its patents against broadband communications company Broadcom Corp.
Broadcom executive Craig Ochikubo discusses why his company acquired a small developer of intellectual property in the area of near-field communications.
Beceem has a solid team and solid financials, but not the products to get quickly into broad LTE markets quickly—but that may fit Broadcom's view and strategy just fine.
Broadcom has agreed to acquire Beceem Communications, a maker of chips for 4G LTE and WiMax devices, for $316 million in cash.
The acquisition is a logical one for Broadcom, a major vendor of chips for many wired and wireless technologies, including Wi-Fi, GPS and 3G mobile data. Broadcom said adding Beceem's engineering team and technology will help it get 4G chips to market sooner.