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Slide #52. Broadcom — LTE-Related Assets from Affiliates of Renesas Electronics Corporation
LTE-Related Assets from Affiliates of Renesas Electronics Corporation
Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced a definitive agreement to acquire LTE-related assets from affiliates of Renesas Electronics Corporation. The acquisition is expected to accelerate availability of Broadcom's first multimode, carrier-validated LTE SoC platform into early 2014.
Broadcom provides semiconductor solutions for wired and wireless communications. Co.'s products deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. Co.'s segments comprised of: Broadband and Connectivity, which include: set-top box solutions, broadband modem solutions, connectivity solutions, and a range of other technologies; and Infrastructure and Networking, which include Ethernet switches and PHYs, which includes switches and fabrics; copper and optical transceivers; backplane and optical front-end physical layer devices; processors; and other Infrastructure and Networking technologies. Co. also provides a family of Ethernet controllers.
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Hold (2.45 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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