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Broadcom
Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, and storage and industrial markets. Tan Hock Eng is the company's president and CEO. The company is headquartered in San Jose, California. Avago Technologies Limited took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired. Broadcom has a long history of corporate transactions (or attempted transactions) with other prominent corporations mainly in the high-technology space. In October 2019, the European Union issued an interim antitrust order against Broadcom concerning anticompetitive business practices which allegedly violate European Union competition ...
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Broadcom Corporation
Broadcom Corporation is an American fabless semiconductor company that makes products for the wireless and broadband communication industry. It was acquired by Avago Technologies in 2016 and operates as a wholly owned subsidiary of the merged entity Broadcom Inc.. History 1995-2016: Founding and growth Broadcom Corporation was founded by professor-student pair Henry Samueli and Henry Nicholas from UCLA in 1991. In 1995 the company moved from its Westwood, Los Angeles office to Irvine, California. In 1998, Broadcom became a public company on the NASDAQ exchange (ticker symbol: BRCM) and employs about 11,750 people worldwide in more than 15 countries. Broadcom Corporation acquired ServerWorks Corporation, a maker of chipsets for IA-32-based servers, in 2001 for $957 million. This acquisition was one in a string of purchases of companies by Broadcom in the beginning of the 2000s. Unlike the others, which were struggling start-ups, ServerWorks was revenue-generating and p ...
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Broadcom Inc
Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, and storage and industrial markets. Tan Hock Eng is the company's president and CEO. The company is headquartered in San Jose, California. Avago Technologies Limited took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired. Broadcom has a long history of corporate transactions (or attempted transactions) with other prominent corporations mainly in the high-technology space. In October 2019, the European Union issued an interim antitrust order against Broadcom concerning anticompetitive business practices which allegedly violate European Union competition l ...
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Henry Samueli
Henry Samueli (born September 20, 1954) is an American businessman, engineer, and philanthropist. He is the co-founder of Broadcom Corporation, owner of the National Hockey League's Anaheim Ducks, and a prominent philanthropist in the Orange County, California community. He serves as chairman of the Board of Broadcom Inc. He is also a Professor (on leave of absence) in the Electrical and Computer Engineering Department at UCLA, and a Distinguished Adjunct Professor in the Electrical Engineering and Computer Science Department at UC Irvine. He holds honorary doctorate degrees from the Technion-Israel Institute of Technology and the National Chiao Tung University in Taiwan. He is a named inventor in 75 U.S. patents. He is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE) and a Fellow of the American Academy of Arts and Sciences (AAAS). He was also elected a member of the National Academy of Engineering (NAE) in 2003 for pioneering contributions to acade ...
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Brocade Communications Systems
Brocade is an American technology company specializing in storage networking products, now a subsidiary of Broadcom Inc. The company is known for its Fibre Channel storage networking products and technology. Prior to the acquisition, the company expanded into adjacent markets including a wide range of IP/ Ethernet hardware and software products. Offerings included routers and network switches for data center, campus and carrier environments, IP storage network fabrics; Network Functions Virtualization (NFV) and software-defined networking (SDN) markets such as a commercial edition of the OpenDaylight Project controller; and network management software that spans physical and virtual devices. On November 2, 2016, Singapore-based chip maker Broadcom Limited announced it was buying Brocade for about $5.5 billion. As part of the acquisition, Broadcom divested all of the IP networking hardware and software-defined networking assets. Broadcom has since re-domesticated to the Unite ...
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Tan Hock Eng
Tan Hock Eng (; born in Penang) is a Malaysian Chinese business executive and philanthropist. He is the CEO of Broadcom Inc. He was the highest earning CEO in the US in 2017, earning US$103.2 million that year. Early life Tan was born in Penang, Malaysia, in . He received a scholarship to attend the Massachusetts Institute of Technology (MIT) in 1971. In 1975, he graduated with a bachelor's degree in mechanical engineering and earned a master's degree in the same subject later in the year. Tan also attended Harvard University to earn an MBA a few years later. Career He was managing director of Hume Industries in Malaysia from 1983 to 1988 before helming Pacven Investment from 1988 to 1992. He then held financial positions at General Motors Co and PepsiCo Inc before becoming the Vice President of Finance of Commodore International Ltd. Tan went on to become the CEO of Integrated Circuit Systems Inc. When this was sold to Integrated Device Technology Inc, he became the latte ...
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Emulex
Emulex Corporation is a provider of computer network connectivity, monitoring and management hardware and software. The company's I/O connectivity offerings, including its line of Ethernet and Fibre Channel-based connectivity products, are or were used in server and storage products from OEMs, including Cisco, Dell, EMC Corporation, Fujitsu, Hitachi, HP, Huawei, IBM, NetApp, and Oracle Corporation. History 1979–1999 Emulex was founded in 1979 by Fred B. Cox "as a supplier of data storage products and data communications equipment for the computer industry." By 1983, Emulex was able to advertise its products as if grocery items: a 2-page spread headlined "One stop shopping for VAX users? Emulex, of course" showed 3 paper bags, each with the Emulex name and logo and each holding a large computer board. One bag also said "''Disk Controllers''" while the second bag said "''Communication Controllers'';" the third said "''Tape Controllers''." In 1992 ''Emulex'' spun off what beca ...
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LSI Corporation
LSI Logic Corporation, an American company founded in Milpitas, California, was a pioneer in the ASIC and EDA industries. It evolved over time to design and sell semiconductors and software that accelerated storage and networking in data centers, mobile networks and client computing. On May 6, 2014, LSI Corporation was acquired by Avago Technologies (now known as Broadcom Inc.) for $6.6 billion. History 1981–2004 In 1981, Wilfred Corrigan, Bill O'Meara, Rob Walker and Mitchell "Mick" Bohn founded LSI Logic Corporation in Milpitas, California. Wilfred Corrigan served as the CEO from 1981 until 2005. LSI was initially funded by venture capitalists, including Sequoia Capital, with $6 million. A second round of funding from Sequoia Capital as well as a number of companies from England came In March 1982, bringing in another $16 million. The initial plan called for a line of CMOS gate arrays created from “masterslices” which were uncommitted transistors customized to a spe ...
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Semiconductor Industry
The semiconductor industry is the aggregate of companies engaged in the design and fabrication of semiconductors and semiconductor devices, such as transistors and integrated circuits. It formed around 1960, once the fabrication of semiconductor devices became a viable business. The industry's annual semiconductor sales revenue has since grown to over , as of 2018. The semiconductor industry is in turn the driving force behind the wider electronics industry, with annual power electronics sales of £135billion () as of 2011, annual consumer electronics sales expected to reach by 2020, tech industry sales expected to reach in 2019, and e-commerce with over in 2017. In 2019, 32.4% of the semiconductor market segment was for networks and communications devices. In 2021, the sales of semiconductors reached a record $555.9 billion, up 26.2 percent with sales in China reaching $192.5 billion, according to the Semiconductor Industry Association. A record 1.15 trillion semicondu ...
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NASDAQ-100
The Nasdaq-100 (^NDX) is a stock market index made up of 101 equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the NASDAQ Financial-100. History The NASDAQ-100 was launched on January 31, 1985 by the Nasdaq. It created two indices: the NASDAQ-100, which consists of Industrial, Technology, Retail, Telecommunication, Biotechnology, Health Care, Transportation, Media and Service companies, and the NASDAQ Financial-100, which consists of banking companies, insurance firms, brokerage firms, and Mortgage loan companies. The base price of the index was initially set at 250, but when it close ...
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Silver Lake Partners
Silver Lake is an American global private equity firm focused on investments in technology, technology-enabled and related industries. Founded in 1999, the firm is one of the largest technology investors in the world. Its investment holdings have included Airbnb, Alibaba Group, Ancestry.com, Broadcom, Credit Karma, City Football Group, Dell Technologies, Endeavor, Expedia Group, Fanatics, First Advantage, Global Blue, GoDaddy, Jio, Lightbox, Motorola Solutions, New Zealand Rugby, NortonLifeLock, Red Ventures, Sabre Corporation, Skype, SoFi, GLG, Seagate Technology, SolarWinds, TEG, Twitter, Unity Technologies, Waymo, Weld North Education, WP Engine, Vacasa, the A-League football competition in Australia, and ZPG. Silver Lake is headquartered in Silicon Valley, and has offices in New York, London and Hong Kong. History Silver Lake was founded in 1999, at the height of the late 1990s technology boom to make private equity investments in mature technology co ...
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PLX Technology
PLX Technology was a manufacturer of integrated circuits focused on PCI Express and ethernet technologies. On August 12, 2014, Broadcom Inc. (formerly Avago Technologies), acquired the company. History The company was founded in 1986 by Mike Salameh. On April 7, 1999, during the dot-com bubble, the company became a public company via an initial public offering. By July 1999, shares were up 426% since the IPO price. In July 2000, the company opened an office in Austin, Texas. In May 2003, the company acquired HiNT for $12.7 million in cash and stock. In May 2004, the company acquired NetChip Technology. In August 2008, the company launched three PCIe switch devices with integrated direct memory access engines. In October 2008, Ralph Schmitt was named president and CEO of the company, replacing co-founder Mike Salameh. In January 2009, the company acquired Oxford Semiconductor for 5.6 million shares of PLX common stock, and a promissory note for $14.2 million. In April 20 ...
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Agilent Technologies
Agilent Technologies, Inc. is an American life sciences company that provides instruments, software, services, and consumables for the entire laboratory workflow. Its global headquarters is located in Santa Clara, California. Agilent was established in 1999 as a spin-off from Hewlett-Packard. The resulting IPO of Agilent stock was the largest in the history of Silicon Valley at the time. Agilent focuses its products and services on six markets: food, environmental and forensics, pharmaceutical, diagnostics, chemicals and advanced materials, and research. From 1999 to 2014, the company also produced test and measurement equipment for electronics; that division was spun off to form Keysight. Products and services Agilent serves analytical laboratories and the clinical and routine diagnostics markets with a full suite of technology platforms. These include: automation, bioreagents, FISH probes, gas and liquid chromatography, immunohistochemistry, informatics, mass spectrometry ...
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