Broadcom Sews Up $5B Deal for Brocade


Chip manufacturer Broadcom has announced a deal to buy Brocade Communications, a major supplier of fiber channel storage area networking technology to data centers, for $5.5 billion in cash and the assumption of Brocade’s $400 million debt. That represents a 47 percent premium over Brocade’s closing share price last week, said Brocade CEO Lloyd Carney. The “architecture, algorithms, software [and] semiconductor chips embedded in Brocade’s fiber channel systems are what’s valuable to Broadcom,” Broadcom CEO Hock E. Tan told investors.

The original article can be found here: http://www.ecommercetimes.com/story/84057.html?rss=1

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After Avago merger, Broadcom to axe 1,900 jobs worldwide

Article Image Apple supplier Broadcom Ltd., n&acuteee Broadcom, has plans to cut 1,900 jobs globally in a restructuring effort that comes one year after the chipmaker was acquired by competitor Avago for $37 billion.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4e050ea5/sc/28/l/0Lappleinsider0N0Carticles0C160C0A30C0A30Cafter0Eavago0Emerger0Ebroadcom0Eto0Eaxe0E190A0A0Ejobs0Eworldwide/story01.htm

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Apple's HomeKit gets support from MediaTek via IoT chip SDKs aimed at appliances, small devices

Article Image Fabless chip designer MediaTek has joined Broadcom, Marvell and Texas Instruments in releasing support for HomeKit, Apple’s “Internet of Things” specification for secure, Siri-driven wireless control of appliances, switches and other devices around the home from users’ iOS devices or Apple Watch.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4a5d9743/sc/3/l/0Lappleinsider0N0Carticles0C150C10A0C0A20Capples0Ehomekit0Egets0Esupport0Efrom0Emediatek0Evia0Eiot0Echip0Esdks0Eaimed0Eat0Eappliances0Esmall0Edevices/story01.htm

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Broadcom announces hardware platform fully compatible with Apple's HomeKit framework

Broadcom on Tuesday announced that the software development kit for its Wireless Internet Connectivity for Embedded Devices (WICED) platform has been fully vetted by Apple for use with the HomeKit framework, paving the way for wider adoption of the iOS-connected Internet of Things protocol.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/464a69b8/sc/28/l/0Lappleinsider0N0Carticles0C150C0A50C130Cbroadcom0Eannounces0Ehardware0Eplatform0Efully0Ecompatible0Ewith0Eapples0Ehomekit0Eframework/story01.htm

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Broadcom announces hardware platform fully compatible with Apple's HomeKit framework

Broadcom on Tuesday announced that the software development kit for its Wireless Internet Connectivity for Embedded Devices (WICED) platform has been fully vetted by Apple for use with the HomeKit framework, paving the way for wider adoption of the iOS-connected Internet of Things protocol.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/464a69b8/sc/28/l/0Lappleinsider0N0Carticles0C150C0A50C130Cbroadcom0Eannounces0Ehardware0Eplatform0Efully0Ecompatible0Ewith0Eapples0Ehomekit0Eframework/story01.htm

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