Silicon Investor - Broadcom (BRCM)

[JakeStraw] Broadcom Inc. Announces Third Quarter Fiscal Year 2026 Financial Results bro...

JakeStraw — 9/3/2026 3:39:05 PM

Broadcom Inc. Announces Third Quarter Fiscal Year 2026 Financial Results
broadcom.com

Revenue of $29.6 billion for the third quarter, up 86 percent from the prior year period
GAAP operating income of $16.0 billion for the third quarter; Non-GAAP operating income of $20.1 billion for the third quarter
GAAP diluted EPS of $2.68 for the third quarter; Non-GAAP diluted EPS of $3.32 for the third quarter
Cash from operations of $14.2 billion for the third quarter, less capital expenditures of $0.5 billion, resulted in $13.7 billion of free cash flow, or 46 percent of revenue
Quarterly common stock dividend of $0.65 per share
Fourth quarter fiscal year 2026 revenue guidance of approximately $34.8 billion, an increase of 93 percent from the prior year period
Fourth quarter fiscal year 2026 Non-GAAP operating income guidance of approximately 66 percent of projected revenue

"Demand for our custom AI accelerators and networking continues to be very strong. Q3 AI semiconductor revenue of $16.7 billion grew 221% year-over-year, and 54% quarter-over-quarter," said Hock Tan, President and CEO of Broadcom Inc. "In Q4 the momentum continues, and we expect AI semiconductor revenue to accelerate to $21.7 billion, up 236% year-over-year."

[JakeStraw] Standard Chartered Selects Broadcom to Deliver Secure, Always-On Banking Service...

JakeStraw — 7/29/2026 4:39:48 PM

Standard Chartered Selects Broadcom to Deliver Secure, Always-On Banking Services at Global Scale

VMware Cloud Foundation to deliver a secure, unified private cloud platform driving global operational resilience and banking innovation

broadcom.com

As a leading international bank, Standard Chartered requires infrastructure that delivers operational consistency at global scale while staying ahead of evolving regulatory and security requirements. Standard Chartered has realigned its infrastructure delivery to a fully integrated software-defined private cloud environment using VMware Cloud Foundation (VCF). VCF embeds intrinsic zero-trust security directly into the infrastructure layer, providing uninterrupted availability and compressing infrastructure deployment from weeks to a day.

With 70% of its global infrastructure footprint already running on the new architecture, Standard Chartered has demonstrated that a consistent private cloud is successful at a global scale—laying the foundation for the next frontier in secure, resilient and compliant banking innovation.

John Sharratt, Global Head of Technology and Infrastructure, Standard Chartered, said, “Standardizing a fully virtualized software-defined infrastructure across our global operations enables Standard Chartered to meet the evolving demands of our clients while strengthening our technological core with the responsiveness, resilience and regulatory compliance that global banking demands. Our client-centric, long-term investments with global service providers, such as Broadcom, strengthen our ability to deliver always-on banking services in an ever changing and dynamic landscape, while accelerating innovation with a secure private cloud foundation.”

“Global financial institutions require infrastructure that combines resilience, security and operational simplicity at scale,” said Krish Prasad, senior vice president and general manager, VMware Cloud Foundation Division, Broadcom. “Standard Chartered is at the forefront of digital banking innovation, and we are proud to support their journey toward a highly automated, AI-driven, modern private cloud with VMware Cloud Foundation,” he added.

[zax] OpenAI and Broadcom unveil LLM-optimized inference chip openai.com

zax — 6/24/2026 2:33:55 PM

[Sr K] Broadcom’s VMware Overhaul Draws Attention of CIOs The virtualization pioneer i...

Sr K — 1/19/2024 10:41:36 PM

Broadcom’s VMware Overhaul Draws Attention of CIOs

The virtualization pioneer is undergoing some changes in the wake of its acquisition by Broadcom. Corporate customers are trying to make sense of what it means

By
Isabelle Bousquette
Jan. 19, 2024 3:27 pm ET

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VMware has made several changes to its products and pricing since its acquisition by Broadcom closed in November. PHOTO: JOSEP LAGO/AGENCE FRANCE-PRESSE/GETTY IMAGES

Moves by Broadcom to shore up its $69 billion VMware acquisition, completed in November, include a streamlining of product bundles and new billing models—efforts in line with the chip giant’s past acquisitions, but not necessarily welcomed by all of VMware’s customers.

Broadcom made its name by acquiring makers of a host of unsexy-but-essential microchips components, then cutting costs and leveraging the company’s growing pricing power. With the VMware acquisition, its largest, the San Jose, Calif.-based company is turning some of those tactics to enterprise software.

Exc.

[Glenn Petersen] Broadcom in Talks to Pay About $60 Billion for VMware The two companies are aim...

Glenn Petersen — 5/24/2022 4:35:39 AM

Broadcom in Talks to Pay About $60 Billion for VMware

The two companies are aiming to announce the cash-and-stock deal Thursday

By Cara Lombard and Dana Cimilluca
Wall Street Journal
Updated May 23, 2022 5:19 pm ET

Broadcom Inc. AVGO -3.10%? is in talks to pay around $60 billion for VMware Inc., VMW 24.78%? people familiar with the matter said, in what would be one of the biggest takeover deals of the year.

The two technology companies are aiming to announce a cash-and-stock deal worth about $140 a share on Thursday, assuming the talks don’t fall apart, the people said. The price wasn’t yet set and could still move around, some of the people cautioned.

To help pay for the deal, Broadcom plans to tap a handful of banks for a roughly $40 billion debt package, one of the people said.

The VMware discussions, together with Elon Musk’s agreement late last month to buy Twitter Inc. for $44 billion, show that despite market volatility, major deals are still doable. That’s in part because market declines have made acquisition targets more affordable and because sellers in some cases are more willing to accept stock as currency, in the hopes that they will benefit when it rebounds. Private-equity firms, meanwhile, remain flush with cash.

Still, the volume of mergers and acquisitions is down from the brisk pace of last year. Companies in the U.S. have struck $789.5 billion of mergers so far this year, down 31% from the same period in 2021, as market swings and broader economic uncertainty give many deal makers pause. IPO activity, meanwhile, has come to a virtual standstill as would-be public companies wait for calmer waters.

Microsoft Corp.’s pending acquisition of videogame heavyweight Activision Blizzard Inc. for roughly $75 billion currently registers as the biggest takeover of this year.

VMware’s shares closed up nearly 25% at $119.49 on Monday on news of the talks. The shares got a late boost when The Wall Street Journal reported the expected price, giving the company a market value of over $50 billion. Shares of Broadcom, a semiconductor-software conglomerate, closed down roughly 3%, giving it a market value of around $215 billion.

A price of $140 a share would represent a premium of nearly 50% to where VMware closed Friday, but is still well below the high of more than $200 the stock reached in the spring of 2019.

The deal discussions, which picked up pace in recent days, come roughly six months after computing pioneer Dell Technologies Inc. spun off its 81% equity stake in VMware. The software company has a strong position in the market for “hybrid” cloud, where large companies mix public cloud services like those of Amazon.com Inc. and Microsoft with their own private networks.

Dell founder Michael Dell remains chairman of VMware. He and private-equity firm Silver Lake, which helped take Dell private in 2013, together control a more-than-50% stake in VMware. That gives them significant influence over the VMware’s decisions and potentially puts them at odds with other shareholders, the company has warned in its securities filings.

Broadcom, a semiconductor powerhouse built largely through acquisitions, has been on the hunt for a deal to beef up its presence in the corporate-software market. It came close to buying software company SAS Institute Inc. last year before the closely held company’s founders had a change of heart. Its first big foray into software was its roughly $19 billion acquisition of CA Technologies in 2018.

The demand for cloud computing, which enables customers to rent computing horsepower rather than invest in their own, has exploded in recent years. Startups and other businesses that couldn’t support in-house IT departments were among the earliest cloud adopters, but now companies across nearly every industry rely on it.

VMware is roughly a year into a new regime after company veteran Raghu Raghuram took over the role of chief executive when Pat Gelsinger departed to run Intel Corp.

VMware is set to report earnings Thursday, while Broadcom reports next week.
Write to Cara Lombardo at cara.lombardo@wsj.com and Dana Cimilluca at dana.cimilluca@wsj.com

Appeared in the May 24, 2022, print edition as 'Broadcom Offers $60 Billion As It Pushes to Buy VMware'.

Broadcom in Talks to Pay About $60 Billion for VMware - WSJ

[Sr K] MIT Unveils a New Bionics Center Funded by a $24 Million Gift From Lisa Yang By...

Sr K — 9/24/2021 2:08:22 AM

MIT Unveils a New Bionics Center Funded by a $24 Million Gift From Lisa Yang

By
Fang Block

Sept. 23, 2021 6:11 pm ET
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The new K. Lisa Yang Center for Bionics at MIT, made possible by a US$24 million gift from philanthropist Lisa Yang (center) , will be led by Hugh Herr, professor of media arts and sciences at the MIT Media Lab (left) and Ed Boyden, the Y. Eva Tan Professor in Neurotechnology at MIT (right).Caitlin Cunningham

The Massachusetts Institute of Technology launched a new bionics center Thursday funded by a US$24 million gift by investor-turned-philanthropist Lisa Yang.

The K. Lisa Yang Center for Bionics, which will be run by Hugh Herr, an MIT professor and double amputee, aims to develop technologies and surgical methods to mitigate disability because of injury, aging, or disease.

It will focus on interdisciplinary research, uniting experts from three MIT schools: Science, Engineering, and Architecture and Planning, as well as clinical and surgical collaborators at Harvard Medical School.

“With this visionary gift, Lisa Yang is unleashing a powerful collaborative strategy that will have broad impact across a large spectrum of human conditions—and she is sending a bright signal to the world that the lives of individuals who experience disability matter deeply,” MIT President L. Rafael Reif said Thursday at the opening ceremony of the center.

The center will provide four endowed fellowships for MIT graduate students working in bionics or other research areas focused on improving the lives of individuals with disability. It will also include a mobile clinic that will 3-D print and deliver customized prosthetics to individuals with limb loss in rural Sierra Leone.

“I am thrilled to support MIT on this major research effort to enable powerful new solutions that improve the quality of life for individuals who experience disability,” Yang said in a statement. “This new commitment extends my philanthropic investment into the realm of physical disabilities, and I look forward to the center’s positive impact on countless lives, here in the U.S. and abroad.”

The Singaporean-born Yang has been a major supporter in autism research at MIT and Cornell University, among other institutions.

She and her husband, Tan Hock Eng, chief executive officer of Broadcom Inc., have donated more than US$100 million to MIT since 2017, establishing the K. Lisa Yang and Hock E. Tan Center for Molecular Therapeutics in Neuroscience, Hock E. Tan and K. Lisa Yang Center for Autism Research, Y. Eva Tan Professorship in Neurotechnology, and the endowed K. Lisa Yang Post-Baccalaureate Program.

[JakeStraw] On Wednesday after the market close Broadcom announced it had entered into an ag...

JakeStraw — 7/12/2018 10:54:39 AM

On Wednesday after the market close Broadcom announced it had entered into an agreement to purchase software company CA Technologies for $18.9 billion.
Multiple Wall Street firms are questioning Broadcom's strategy to acquire a low-growth software company.
cnbc.com

[Glenn Petersen] Broadcom Explores Deal to Buy Chipmaker Qualcomm By Ed Hammond, Dinesh Nair, an...

Glenn Petersen — 11/3/2017 4:45:53 PM

Broadcom Explores Deal to Buy Chipmaker Qualcomm

By Ed Hammond, Dinesh Nair, and Ian King
Bloomberg
November 3, 2017

-- Cash-and-stock bid of about $70 per share expected in days

-- Broadcom offer would be biggest-ever takeover of a chipmaker

Broadcom Is Said to Explore Deal to Acquire Qualcomm
______________________

Broadcom Ltd. is considering a bid of more than $100 billion for Qualcomm Inc., according to people familiar with the matter, in what would be the biggest-ever takeover of a chipmaker.

Broadcom is speaking to advisers about the potential deal, said the people, who asked not to be identified because talks are private. The offer of about $70 a share would include cash and stock and is likely to be made in the coming days, the people said. A final decision on whether to proceed has not been made, they said.

Qualcomm shares rose as much as 19 percent in New York in their biggest intraday move since October 2008, after Bloomberg News first reported the takeover plans. They closed up 13 percent at $61.81, valuing the company at $91 billion. Broadcom rose 5.5 percent, for a market valuation of about $112 billion.

Representatives for Broadcom and Qualcomm declined to comment.

Broadcom Chief Executive Officer Hock Tan is a voracious acquirer, and he’s played a key role in a wave of consolidation engulfing the $300 billion semiconductor industry over the last three years. Broadcom, created in 2016 when Avago Technologies Ltd. acquired Broadcom Corp. for $37 billion, has built itself from a former Hewlett Packard division into one of the largest chipmakers via a string of purchases. Tan has said he wants more deals, a strategy that could be limited by opposition from U.S. regulators.

Broadcom, a major supplier of iPhone parts that counts Apple among its largest customers, said this week it will return its headquarters to the U.S. from Singapore. The company already lists San Jose, California, as a corporate co-headquarters.

Qualcomm finds itself in a weakened state. A legal battle with Apple is costing revenue and jeopardizing a business model that for years made Qualcomm one of the most successful chipmakers. Before today, its shares had slumped 16 percent this year, compared with a 41 percent surge in the Philadelphia Semiconductor Index.

A change of management at Qualcomm might help resolve the dispute with Apple more quickly, and thereby make Qualcomm’s licensing and chip businesses more valuable, according to Sanford C. Bernstein & Co. analyst Stacy Rasgon. Earlier this week, Qualcomm executives said the legal process would "proceed under the court’s schedule,” indicating no resolution soon.

“Maybe they have a better relationship with Apple, maybe they settle,” Rasgon said.

At issue between Qualcomm and Apple are licensing fees the chipmaker charges for patents that cover the basics of how mobile phone systems work. Apple contends Qualcomm is unfairly charging too much and illegally taking advantage of its market position in chips. Qualcomm has countered that Apple, one of its largest customers, has lied to regulators in an unfair attempt to bully its opponent into charging less.

Qualcomm, based in San Diego, is also confronting headwinds in closing its $47 billion purchase of NXP Semiconductors NV. The deal is facing regulatory scrutiny in Europe and opposition from some shareholders including activist hedge fund firm Elliott Management Corp., which has argued the offer undervalues NXP.

Aside from the financial challenges of such a large deal, Broadcom may also encounter close regulatory scrutiny. Based on 2016 revenue, the enlarged company would be the world’s third-largest chipmaker behind Intel Corp. and Samsung Electronics Co. That would give it control of a big part of the supply chain of vital phone components such as Wi-Fi and cellular modem chips. The two companies are already among the top 10 providers of chips in an industry that’s consolidating rapidly.

— With assistance by Matthew Campbell

bloomberg.com

[JakeStraw] Edited Transcript of AVGO earnings conference call or presentation 8-Dec-16 fina...

JakeStraw — 12/9/2016 9:56:30 AM

Edited Transcript of AVGO earnings conference call or presentation 8-Dec-16
finance.yahoo.com

[FJB] LinkedIn Designs Own 100G Data Center Switch [graphic] Pigeon, LinkedIn's first...

FJB — 2/2/2016 9:05:03 PM

LinkedIn Designs Own 100G Data Center Switch

Pigeon, LinkedIn's first-generation 100G data center switch (Image: LinkedIn)

Following examples set by other web-scale data center operators, companies like Google and Facebook, the infrastructure engineering team behind the professional social network LinkedIn has designed its own data center networking switch to replace networking technology supplied by the major vendors, saying the off-the-shelf products were inadequate for the company’s needs.

LinkedIn has successfully tested its first-generation switch, which consists of contract design manufacturer hardware, merchant silicon, and the company’s home-baked Linux-based software, and plans to deploy it at scale for the first time in its upcoming data center in Oregon, in an Infomart Datacenters facility, which will also be the first site to use LinkedIn’s own data center design.

LinkedIn’s data center switch, called Pigeon, is a 3.2Tbps (32 by 100G) platform that can be used as a leaf or a spine switch. The architecture is based on the Tomahawk 3.2Tbps merchant silicon. It runs a Linux OS.

Base architecture of Pigeon, LinkedIn’s first 100G data center switch (Image: LinkedIn)

Google was the first web-scale, or cloud data center operator to create its own switches. Facebook got into designing its own networking technology several years ago.

After introducing Wedge, its first 40G top-of-rack data center switch, in 2014, Facebook rolled out its own data center switching fabric and an aggregation switch, called Six Pack. Last year, the company announced it had designed its first 100G switch, which it plans to start deploying at scale in the near future.

Read more: With its 100-Gig Switch, Facebook Sees Disaggregation in Action

Companies like Facebook, Google, Microsoft, or Amazon, have built global data center infrastructure of unprecedented scale, finding along the way that technology that exists on the market often doesn’t meet their needs and creating solutions in-house that work better for them.

LinkedIn’s user base has been growing rapidly, and the company is starting to face similar challenges. It went from 55 million members at the end of 2009 to nearly 400 million as of the third quarter of last year, according to Statista. Its 10MW data center lease with Infomart earned it a spot on the list of 10 ten companies that leased the most data center space last year.

Read more: Who Leased the Most Data Center Space in 2015?

Infomart’s Portland data center in Hillsboro, Oregon (Photo: Infomart Data Centers)

Its network latency problems started three years ago, and after spending some time trying to address them, the engineers realized that they would have to build a data center networking solution from scratch.

“We were not scaling our network infrastructure to meet the demands of our applications – high speed, high availability, and fast deployments,” Zaid Ali Kahn, LinkedIn’s director of global infrastructure architecture and strategy, said in a blog post. “We knew we needed greater control of features at the network layer, but we hit a roadblock on figuring out how.”

The team traced its latency problems to subsequent microbursts of traffic. These were difficult to detect because commercial switch vendors don’t expose buffers inside third-party merchant silicon chips. Visibility into merchant silicon became one of the design goals for Pigeon.

LinkedIn’s data center network vendors were also slow to address software bugs and built features into their products the company didn’t need. Some of those features also had bugs LinkedIn had to address.

The engineers also wanted to use Linux-based automation tools, such as Puppet and Chef, and more modern monitoring and logging software. Finally, it was simply too expensive to scale switching software licenses and support. All these concerns echo the reasons other web-scale data center operators have given for turning to custom technology, designed in-house.

[more100] Broadcom’s ($BRCM) third quarter earnings exceeded estimated but its revenues we...

more100 — 10/27/2015 9:28:53 AM

Broadcom’s ($BRCM) third quarter earnings exceeded estimated but its revenues were down 3.1 percent to $2.19 million.

[JakeStraw] Broadcom's WICED Smart Ready SoC Doubles Data Rates for IoT Devices finance.yaho...

JakeStraw — 5/12/2015 8:14:20 AM

Broadcom's WICED Smart Ready SoC Doubles Data Rates for IoT Devices
finance.yahoo.com

New Chip Reduces Cost and Time-to-Market for OEMs

The BCM20706 integrates Bluetooth and Bluetooth Smart onto a single chip with a built-in microcontroller (MCU), reducing cost, footprint and time-to-market for companies developing home automation, audio, industrial, wearables and other applications. Broadcom's WICED Smart Ready SoC also offers dual-mode Bluetooth and Bluetooth Smart applications so OEMs can select either technology based on their end product needs. Additionally, by enabling twice the data rate over a Bluetooth Smart link, Broadcom is future-proofing the WICED platform with high data rate and power-efficient 2 Mbps mode, anticipated to be standardized in Bluetooth 5.0.

"Broadcom continues its IoT leadership by taking performance to the next level with our new WICED Smart Ready chip," said Brian Bedrosian, Broadcom Senior Director, Product Marketing, Wireless Connectivity. "In addition to doubling data rates for devices, we have eliminated the need for an external MCU, saving costs and reducing time-to-market for OEMs and developers creating next-generation applications."

[JakeStraw] Broadcom Announces Family of 5G WiFi Wave 2 Solutions for Enterprise Access Poin...

JakeStraw — 5/8/2015 1:58:40 PM

Broadcom Announces Family of 5G WiFi Wave 2 Solutions for Enterprise Access Points and Cloud-Managed Wireless Networks
finance.yahoo.com

Delivers 2X the Performance in High-Density Environments

"The enterprise-class Wi-Fi access point market is poised for strong growth as the latest 802.11ac Wi-Fi-compliant devices continue to gain traction worldwide," said Philip Solis, ABI Research Director. "Broadcom continues to demonstrate its ability to deliver next-generation Wi-Fi solutions that address the changing market needs. With this expanded portfolio, Broadcom is well positioned to benefit from this accelerating market."

[brokenst0nes] Complete mobile platform solutions: Q&A with Broadcom executive VP Robert Rango ...

brokenst0nes — 4/9/2013 9:00:48 AM

Complete mobile platform solutions: Q&A with Broadcom executive VP Robert Rango
digitimes.com

[brokenst0nes] abiresearch.com

brokenst0nes — 3/22/2013 7:58:16 PM

[brokenst0nes] nfcworld.com

brokenst0nes — 11/15/2012 10:39:25 AM

[brokenst0nes] - The HP Touch to Pair Mouse, the world's first wireless mouse with near field ...

brokenst0nes — 9/20/2012 8:41:34 AM

- The HP Touch to Pair Mouse, the world's first wireless mouse with near field communication (NFC), allows users to instantly connect the mouse to any Bluetooth-enabled PC or tablet. Available in November for $39.

engadget.com

[brokenst0nes] Blurb on new 5G WiFi combo for smartphones etc., 802.11ac packing smartphones in...

brokenst0nes — 7/25/2012 7:40:51 AM

Blurb on new 5G WiFi combo for smartphones etc., 802.11ac packing smartphones in 2013.

broadcom.com

[brokenst0nes] Galaxy Chat - entry level ICS powered by BCM21654 androidadvices.com

brokenst0nes — 7/7/2012 9:56:38 AM

[brokenst0nes] Marvell (Nasdaq: MRVL) today announced the Avastar® 88W8897, a low-power 802.11a...

brokenst0nes — 6/4/2012 4:34:31 PM

Marvell (Nasdaq: MRVL) today announced the Avastar® 88W8897, a low-power 802.11ac combination radio chip designed to vastly improve the mobile computing and high-definition multimedia experience for consumers. The Avastar 88W8897 is the industry's first 802.11ac 2x2 combination radio chip, pairing today’s most cutting edge wireless technologies – near field communications (NFC) and Bluetooth 4.0 – with mobile multiple input multiple output (MIMO), transmit beamforming and support for WI-FI CERTIFIED Miracast™ once it becomes available. Marvell’s latest addition to its Avastar family of solutions includes advanced power management features and is designed specifically for ultrabooks, tablets, gaming consoles and smart TVs.

marvell.com

[brokenst0nes] Vodafone Launches Smart II, an Affordable Smartphone for the Masses Another BCM2...

brokenst0nes — 6/2/2012 9:13:36 AM

Vodafone Launches Smart II, an Affordable Smartphone for the Masses
Another BCM21552/3 design. A Galaxy Y like success would be nice, not sure it will live up to that.

blog.broadcom.com

[Mark3000] 5/18/2012 Remember this trade from Options Action mike had this trade on for BR...

Mark3000 — 5/18/2012 11:48:11 AM

5/18/2012 Remember this trade from Options Action

mike had this trade on for BRCM, would have been total loss if you held to may opex:

http://cnbcoptionsactionstrades.blogspot.com/2012/04/brcm-options-action-trade-mike-4262012.html?spref=tw

[Mark3000] 4/26/2012 Options action trade mike has another trade on BRCM tonight, see here...

Mark3000 — 4/26/2012 11:10:40 PM

4/26/2012 Options action trade

mike has another trade on BRCM tonight, see here:

http://cnbcoptionsactionstrades.blogspot.com/2012/04/brcm-options-action-trade-mike-4262012.html

[Mark3000] 3/27/2012 trade recommended on fast money mike khouw recommended a trade on the...

Mark3000 — 3/27/2012 11:32:48 PM

3/27/2012 trade recommended on fast money

mike khouw recommended a trade on the show tonight, here is my alternative:

http://cnbcoptionsactionstrades.blogspot.com/2012/03/brcm-options-action-trade-on-fast-money.html

[dominoe] I guess Cramer agrees with the article above...after Apple's blowout quarter, he...

dominoe — 1/24/2012 7:42:35 PM

I guess Cramer agrees with the article above...after Apple's blowout quarter, he recommended getting into
Broadcom for the draft up effect.

[JakeStraw] Apple Can't Live Without this Stock streetauthority.com

JakeStraw — 12/29/2011 2:40:28 PM

[JakeStraw] Broadcom to acquire NetLogic for $3.7 billion Chipmaking giant will give shareh...

JakeStraw — 9/12/2011 1:38:08 PM

Broadcom to acquire NetLogic for $3.7 billion

Chipmaking giant will give shareholders $50 per share, representing a nearly 57 percent premium over NetLogic's close of $31.91 on Friday.

ct.cnet.com