Broadcom: a leading semiconductor company for communications
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I would like to introduce some unfamiliar companies that may be of some help to your investments.
The company I’m going to introduce is Broadcom Inc.$Broadcom(AVGO)$ .
It went public in Apr. 17, 1998.
[Company Profile]
Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. The company was incorporated in 2018 and is headquartered in San Jose, California.
Broadcom designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.
The company operates in two segments, Semiconductor Solutions and Infrastructure Software. Its product offerings serve the data center, networking, software, broadband, wireless, and storage and industrial markets.
[History & Events]
In 1961, the company that would later become Broadcom was established as a semiconductor products division of Hewlett-Packard.
In 1999, the division separated from Hewlett-Packard as part of Agilent Technologies.
In 2005, KKR and Silver Lake Partners acquired the chip division of Agilent Technologies for $2.6 billion and formed Avago Technologies.
In 2009, Avago Technologies went public on NASDAQ with the ticker symbol AVGO.
In 2013, Avago Technologies announced its agreement to acquire CyOptics, an optical chip and component supplier. And it acquired LSI Corporation in December for $6.6 billion.
In 2014, the company was the ninth largest semiconductor company.
In 2015, Avago Technologies had reached an agreement to acquire Emulex Corporation for $8 per share in cash.
In 2015, Avago announced that it would buy Broadcom Corporation for $37 billion ($17 billion cash and $20 billion in shares).
In 2016, Broadcom proposed merging with Brocade Communications Systems.
In 2017, Broadcom announced it would relocate its legal address from Singapore to Delaware, this action was linked to the parent company being renamed from Broadcom Ltd. to Broadcom Inc.
In 2017, Broadcom proposed to purchase Qualcomm for $130 billion, which was rebuffed by Qualcomm's board.
In 2018, Broadcom announced that it had completed the acquisition of CA Technologies for $18.9 billion.
In 2019, Broadcom announced that it had completed the acquisition the enterprise security business of Symantec Corporation for $10.7 billion in cash.
In 2019, Broadcom was ordered by the European Union to stop allegedly anticompetitive practices.
In 2020, Accenture plc had agreed to acquire Symantec's 300-person cybersecurity services division from Broadcom.
In 2022, Broadcom announced their deal to acquire the virtualisation and cloud computing software vendor VMware for $61 billion in a combination of cash and stock.
[Main Business Segments]
[Net Income & Total Revenue]

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