comment on this article

Broadcom acquires Provigent for $313million

Wireless communications specialist Broadcom has acquired Provigent for approximately $313million.

According to Rajiv Ramaswami, pictured, executive vice president and general manager of Broadcom's Infrastructure and Networking group, with the addition of Provigent's engineering background in microwave radio products, the company aims to expand its portfolio to more thoroughly address the $5billion microwave backhaul equipment business.

"Provigent is a unique asset with world class microwave backhaul technology and strong engineering talent developing innovative and highly integrated semiconductor solutions for the microwave segment," he said. "Combining their microwave backhaul solutions with our industry leading network infrastructure and wireless solutions allows us to better serve our customers and expand our addressable market."

The transaction is expected to close in Broadcom's second quarter of 2011.

Author
Laura Hopperton

Comment on this article


This material is protected by MA Business copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team.

What you think about this article:


Add your comments

Name
 
Email
 
Comments
 

Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Related Articles

NVMe-oF architectures

Microsemi is to collaborate with Mellanox Technologies and Celestica to develop ...

Helping UK start ups

The relationship between universities and new technology start-ups is crucial ...

Always innovating

Check out this brief video promo for an all new website that explores TI ...

Broadband upgrade

BT has made an offer to the government to spend £600million to deliver 10Mbps ...

The big build

It’s fair to say that politicians, with a few noticeable exceptions, have never ...

Hitting maturity?

From curved TVs to pop-up presentation screens a new wave of products are ...

A man with a plan

Cypress Semiconductor was formed in 1982 and went public in 1986. Until 2016, ...