Broadcom to Acquire NetLogic Microsystems, Inc., a Leader in Network Communications Processors
Combination to Deliver Seamless End-to-End Network Infrastructure Platforms
Broadcom Corporation (Nasdaq:BRCM - News), a global innovation leader in semiconductor solutions for wired and wireless communications, and NetLogic Microsystems, Inc. (Nasdaq:NETL - News), a leader in high performance intelligent semiconductor solutions for next generation networks, today announced they have entered into a definitive merger agreement. Under the agreement, NetLogic Microsystems shareholders will receive $50 per share in a transaction of approximately $3.7 billion, net of cash assumed.
- Published: 12 September 2011
- Written by Editor