16 Facts About Broadcom


Broadcom Inc is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products.

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Broadcom has a long history of corporate transactions with other prominent corporations mainly in the high-technology space.

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In October 2019, the European Union issued an interim antitrust order against Broadcom concerning anticompetitive business practices which allegedly violate European Union competition law.

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Company that would later become Broadcom Inc was established in 1961 as a semiconductor products division of Hewlett-Packard.

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Broadcom agreed to buy PLX Technology, an integrated circuits designer, for $309 million.

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In 2017, Broadcom announced it would relocate its legal address from Singapore to Delaware, which would avoid the review.

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In November 2017, Broadcom proposed to purchase Qualcomm for US$130 billion, which was rebuffed by Qualcomm's board.

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On 9 August 2019, news sources reported that Broadcom had decided to acquire the enterprise security business of Symantec Corporation for $10.

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In October 2019, Broadcom was ordered by the European Union to stop allegedly anticompetitive practices.

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In February 2020, Broadcom announced the world's first WiFi 6E client device, the BCM4389.

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In May 2022, Broadcom announced their deal to acquire the virtualisation and cloud computing software vendor VMware for $61 billion in a combination of cash and stock, with Broadcom assuming $8 billion in VMware debt.

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Broadcom provides a broad range of semiconductor and infrastructure software applications that serve the data center, networking, software, broadband, wireless, and storage and industrial markets.

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Broadcom operates its enterprise security business under the Symantec brand; Broadcom purchased this business from NortonLifeLock in 2019.

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Critics have argued that Broadcom is suing Netflix for being more successful, citing the declining number of traditional pay television subscribers due to the rise of streaming services.

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In 2017, Broadcom filed similar patent suits against smart TV manufacturers.

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In 2021, Broadcom agreed to settle an antitrust complaint, in which the U S Federal Trade Commission claimed that the company abused its monopoly power using restrictive contract terms and threats of retaliation against customers the company deemed "disloyal.

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