Broadcom, Avago complete merger

Tuesday 2 February 2016 | 13:42 CET | News
Broadcom and Avago Technologies have completed their merger. The last day of trading for Avago shares was 29 January, and the new company Broadcom Limited started trading on 01 February. The takeover of Broadcom by Avago was first announced in May 2015 for USD 37 billion in cash and shares.  The new company with annual revenues of USD 15 billion offers a complete range of semiconductor products for the fixed and wireless communications industries. Avago's CEO Hock Tan will lead the combined company.

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Categories: General
Companies: Avago Technologies / Broadcom
Countries: World
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