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Avago takes Broadcom for about $ 37 billion
The Singapore-cum-American semiconductor manufacturer, Avago has taken over chip company Broadcom. The acquisition is a sum of 37 billion dollars, converted 34 billion euro, which involved the far the largest acquisition in the semiconductor industry.
With the merger of the two companies creates a leader in the field of communications chips, both wired and wireless, with a total annual turnover of 15 billion dollars. “Our customers have access to a wider range of technology and products,” says the CEO of Broadcom.
Avago is a company with head offices in both Singapore and the US The group makes, inter alia, leds, glass fiber products, sensors, and so forth. In 2013 Avago chipmaker LSI took over, and Seagate SandForce could take over from Avago. Broadcom makes chips primarily for communications hardware such as modems and set top boxes.
Buzzing with reports about rumors in the semiconductor industry. In March, the Dutch NXP Freescale took over and Intel would be interested in having Altera. In addition, there rumors of interest from Samsung in AMD, but these are not very substantial.Viewing:-171
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