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Broadcom to Acquire NetLogic for $3.7 Billion

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Sep 12, 2011, 6:59 AM by Eric M. Zeman

Broadcom today announced its intent to acquire NetLogic Microsystems for $3.7 billion in cash. Broadcom says the acquisition will give it vital technologies that it lacks, including knowledge-based processors, multi-core embedded processors, and digital front-end processors. With these technologies added to its own, Broadcom believes it will be better able to offer its customers more fully integrated products and services. The deal has been approved by the boards of Broadcom and NetLogic, though it still has to meet regulatory approval. The companies expect the deal to close during the first half 2012.

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