Avago Technologies (Broadcom) [ Avago ]

Avago Technologies supplies a wide range of analog, mixed-signal and optoelectronic components and subsystems. Avago Technologies may well be the world's oldest startup. Avago began as HP's components division back in the 60s and thrived there for three decades. When HP spun off Agilent Technologies in 1999, the company became Agilent's semiconductor products group, expanding into new markets and applications with products that would help revolutionize global communications. Then in late 2005 KKR and Silver Lake Partners acquired the group. Overnight, Avago Technologies became the largest privately-held independent semiconductor company in the world.

The types of products manufactured by Avago Technologies include Mobile Phone Products: Front-End Modules, Handset Power ICs, Duplexers and Filters, Low Noise Amplifiers (LNA), WLAN Power Amplifiers, and Detector Switches; Multi-market Wireless Products: Millimeter Wave and Microwave Devices, RFICs, PIN Diodes, Schottky Diodes, and Discrete Transistors; Fiber Optics, Illumination & Color Management, Infrared Transceivers, LED Lamps & Displays, Motion Control Products, Optical Sensors, Optocouplers, ASICs, Image Sensors, Networking ICs, and Storage ASSPs & Solutions.

IRVINE, Calif., May 28, 2015 (GLOBE NEWSWIRE) -- Avago Technologies Limited (Nasdaq:AVGO) and Broadcom Corporation (Nasdaq:BRCM) today announced that they have entered into a definitive agreement under which Avago will acquire Broadcom in a cash and stock transaction that values the combined company at $77 billion in enterprise value. Upon completion of the acquisition, the combined company will have the most diversified communications platform in the semiconductor industry, with combined annual revenues of approximately $15 billion.