22 March 2011 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 Websites http://www.broadcom.com/ Companies Broadcom UK Ltd 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.