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Why is Broadcom Avgo?
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.
Who owns Brocade now?
Broadcom Inc
Brocade Communications Systems/Parent organizations
What is Broadcom used for?
Broadcom is a worldwide leading provider of solutions for wireless LAN infrastructure, developing SoC solutions for 802.11 Wi-Fi routers, service provider gateways and enterprise access points.
What is Broadcom known for?
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.
When did Broadcom buy Brocade?
2017
SAN JOSE, Calif., Nov. 17, 2017 /PRNewswire/ — Broadcom Limited (NASDAQ: AVGO) (“Broadcom”), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today announced that it has completed its acquisition of Brocade Communications Systems, Inc. (NASDAQ: BRCD).
Why did Broadcom buy Brocade?
With this deal, Broadcom will grab more data center products market share by using Brocade’s fiber channel switches that speed up data transfer between servers and storage devices. It will also help the chipmaker dig deeper into the connected devices and cars market.
What does Broadcom do for a living?
Broadcom Inc. Broadcom Inc. (formerly Avago Technologies) is a designer, developer and global supplier of products based on analog and digital semiconductor technologies within four primary markets: wired infrastructure, wireless communications, enterprise storage, and industrial & others. Tan Hock Eng is the company’s president and CEO.
Where is Broadcom headquarters located?
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.
What is the difference between Avago and Broadcom?
The company is headquartered in San Jose, California. Avago 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.
Is Broadcom a good stock to buy in 2019?
In 2019, Broadcom was announced the 5th best stock of the 2010s, with a total return of 1,956\%. In October 2019, Broadcom was ordered by the European Union to stop allegedly anticompetitive practices.