Broadcom agrees to acquire NetLogic for $3.7 billion

09/12/2011 | New York Times (tiered subscription model), The

Broadcom plans to expand its portfolio of wireless communications semiconductors through its proposed acquisition of NetLogic Microsystems. The fabless semiconductor vendor will pay about $3.7 billion in cash for NetLogic, which counts Brocade Communications Systems, Cisco Systems and IBM among its customers.

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New York Times (tiered subscription model), The

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