comment on this article

Broadcom acquires Provigent for $313million

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 Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team.

Enjoy this story? People who read this article also read...

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

ELDS gets underway

Over 4,000 design engineers will be gathering at the Electronics Design Show in ...

BEEAs 2013 round up

The Grand Prix at this year's British Engineering Excellence Awards goes to the ...

Supporting start ups

For 15 years, the Sophia Antipolis Microelectronics Forum (SAME) has encouraged ...

Always innovating

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

Rory Read, CEO, AMD

When Rory Read joined AMD in 2011 it was a company in trouble, but he has led ...