Avago Technologies has announced plans to acquire Broadcom for $37 billion. That’s a lot of money. In fact, Bloomberg says it’s the biggest tech deal ever, and Avago says the combined company will be valued at $77 billion.


The new company will be called Broadcom LTd, but it will be headed by Avago CEO Hock Tan. The new Broadcom would be the 6th largest semiconductor company, behind market leaders including Intel, Samsung, TSMC, Qualcomm, and Micron.

Avago isn’t exactly a household name, but the company began as a division of Hewlett Packard before spinning off into its own company many years later.

The company offers a range of products for fields including wireless communications, wired infrastructure, enterprise storage, and industrial applications. Broadcom, meanwhile, is probably best known for its chips for wired and wireless communications and for video solutions.

Broadcom also makes the chips used in the Raspberry Pi line of mini computers.

This is the second major shakeup in the chip industry announced this year. A few months ago NXP announced plans to acquire Freescale for a little under $17 billion.

via WSJ

Support Liliputing

Liliputing's primary sources of revenue are advertising and affiliate links (if you click the "Shop" button at the top of the page and buy something on Amazon, for example, we'll get a small commission).

But there are several ways you can support the site directly even if you're using an ad blocker* and hate online shopping.

Contribute to our Patreon campaign


Contribute via PayPal

* If you are using an ad blocker like uBlock Origin and seeing a pop-up message at the bottom of the screen, we have a guide that may help you disable it.

Subscribe to Liliputing via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 9,546 other subscribers

One reply on “Chip maker Avago to acquire Broadcom for $37 billion”

Comments are closed.