Is Avago the same as Broadcom?
Under the terms of the definitive agreement, Avago will acquire Broadcom for $17 billion in cash consideration and the economic equivalent of approximately 140 million Avago ordinary shares, valued at $20 billion as of May 27, 2015 , resulting in Broadcom shareholders owning approximately 32% of the combined company.
Who owns Avago?
Broadcom IncBroadcom Corporation / Parent organization
2016: Acquisition At closing, which completed on February 1, 2016, Broadcom shareholders held 32% of the new Singapore-based company to be called Broadcom Limited. Hock Tan, Avago President and CEO, was named CEO of the new combined company.
Who purchased Avago?
KKR and Silver Lake Partners acquired the chip division of Agilent Technologies in 2005 for $2.6 billion and formed Avago Technologies.
Who bought LSI Logic?
Avago Technologies Limited
SAN JOSE, Calif. and SINGAPORE , May 6, 2014 (GLOBE NEWSWIRE) — Avago Technologies Limited (Nasdaq:AVGO) and LSI Corporation (Nasdaq:LSI), today announced Avago has completed its acquisition of LSI Corporation for $11.15 per share in an all-cash transaction valued at approximately $6.6 billion .
Is Broadcom a Singapore company?
Semiconductor manufacturer Broadcom (AVGO) can trace its roots to AT/Bell Labs, Lucent and Hewlett-Packard/Agilent. The combined company is based in Singapore and operates under the name Broadcom.
Is Broadcom a good company?
Is Broadcom a good company to work for? Broadcom has an overall rating of 3.4 out of 5, based on over 3,510 reviews left anonymously by employees. 58% of employees would recommend working at Broadcom to a friend and 69% have a positive outlook for the business.
Is LSI still in business?
On May 6, 2014, LSI Corporation was acquired by Avago Technologies (now known as Broadcom Inc.)…LSI Corporation.
| Trade name | LSI CORP |
|---|---|
| Industry | Semiconductors Storage Networking |
| Founded | Milpitas, California, 1981 |
| Founder | Wilfred Corrigan Bill O’Meara Rob Walker Mitchell “Mick” Bohn |
| Fate | 2014, acquired by Avago Technologies |
Who owns Broadcom Inc?
Broadcom IncBroadcom Corporation / Parent organization