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Slide #2. Avago Technologies — LSI Corporation
Acquirer:
Avago Technologies (AVGO)
Acquiree:
LSI Corporation (LSI)
Details:
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. The acquisition creates a highly diversified semiconductor market leader with approximately $5 billion in projected annual revenues.
Broadcom is a holding company. Through its subsidiaries, Co. designs, develops and supplies a range of semiconductor and infrastructure software solutions. Co. develops semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products. Co.'s infrastructure software solutions enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms. Co. also provides fibre channel storage area networking products and related software in the form of modules, switches and subsystems incorporating multiple semiconductor products.
Avago Technologies SEC Filing Email Alerts Service
Open the AVGO Page at The Online Investor »
Broadcom is a holding company. Through its subsidiaries, Co. designs, develops and supplies a range of semiconductor and infrastructure software solutions. Co. develops semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products. Co.'s infrastructure software solutions enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms. Co. also provides fibre channel storage area networking products and related software in the form of modules, switches and subsystems incorporating multiple semiconductor products.
Avago Technologies SEC Filing Email Alerts Service
Open the LSI Page at The Online Investor »
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