Wednesday, September 14, 2011

Broadcom Buys Chipmaker Netlogic For $3.7 Billion

netlogicBroadcom this morning announced that 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.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/2MO5veng3sQ/

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