Broadcom Buys Chipmaker Netlogic For $3.7 Billion

Broadcom this morning announced it has agreed to acquire NetLogic Microsystems, which delivers a range of semiconductor solutions. Under the agreement, NetLogic shareholders will receive $50 per share in a transaction of approximately $3.7 billion, net of cash assumed. With the acquisition, Broadcom expands its infrastructure portfolio with a number of new product lines and technologies, including knowledge-based processors, multi-core embedded processors, and digital front-end processors.

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