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ELECTRONICS | Chips & Semiconductors / Semiconductors: Communications Chips

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Investments

11

Portfolio Exits

2

Partners & Customers

1

Service Providers

1

About Broadcom (acquired by Avago Technologies)

Broadcom is a provider of highly integrated semiconductor solutions that enable broadband communications and networking of voice, video, and data services. The company designs, develops, and supplies complete system-on-a-chip (SoC) solutions incorporating digital, analog, and radio frequency (RF) technologies, as well as related hardware and software system-level applications.

Broadcom (acquired by Avago Technologies) Headquarter Location

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Expert Collections containing Broadcom (acquired by Avago Technologies)

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Broadcom (acquired by Avago Technologies) in 2 Expert Collections, including CES 2018 Exhibitors.

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CES 2018 Exhibitors

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Latest Broadcom (acquired by Avago Technologies) News

10 reasons why Broadcom is buying CA

Jul 20, 2018

I wouldn’t normally comment on acquisition stories, but in this case, well. Back in the day, CA Inc. (the company formerly known as Computer Associates) was acquisition maestro, first knocking several enterprise management competitors off the board, then building out its portfolio to obfuscate its mainframe-centric business models (and, perhaps, its dodgy business practices). And now, the company is being bought by Broadcom , the “diversified global semiconductor leader” (a.k.a. chip manufacturer), this hot on the heels of its attempted, and blocked, acquisition of the more eligible and compatible Qualcomm. Many are asking why, and not in a good way: ten billion dollars have been wiped off Broadcom’s stock price, which is over half of the acquisition cost. Advertisement Few are seeing this as a good idea, though some are seeing an upside . Given that nobody has a crystal ball, I thought it might be worth summarising some of the reasons why a chip company and an enterprise software company might be the perfect match. 1. There’s got to be something in that portfolio. CA has 1,500 patents across a portfolio of 200 products (alert: CA’s directory is A-Z, when all start with C — and that’s just the ones they are listing). Surely, in there, will be something directly related to Broadcom’s business? 2. CA has lots of smart people. OK, not convinced? The future, as we keep being told, lies in software, not hardware — areas such as machine learning, analytics and so on. Within CA’s products are some pretty smart capabilities, along with the people who built them, and who can turn their skills to Broadcom’s needs. 3. It’s all about the mainframe money. Bullet four on the press release mentions ‘recurring revenue’ — that is, for all CA’s efforts to say otherwise, much of its business still comes from cash cow mainframe software. At $1.4 billion per year, that’s quite an offset to the $18B. 4. It’s all about Broadcom having too much money. Conversely, you know how it feels, you were about to start a relationship then you find you can’t, you’re knocking around with a hundred billion in your pocket and feeling low, then who should walk round the corner but… 5. It means someone else can’t acquire CA. Stranger things have happened — like how EMC’s acquisition of Documentum was rumoured to have taken place just to stop IBM from getting it. 6. Broadcom genuinely wants to diversify. This is plausible, if a little scary. I’m not saying hardware companies never ‘get’ software, nor that chip manufacturers have only had limited success outside of their core business, nor that even software companies don’t tend to understand the enterprise, but, OK, yes, I’m saying all those things. And it suggests chips ain’t where it’s at. 7. It really is a great match and everyone is stupid. This is a perfectly reasonable suggestion. After all, Broadcom will have done its technological and accounting due diligence, and found clear areas of alignment. Won’t it? And we’ve never seen that going completely wrong before, no sir. I can say that with complete autonomy. 8. There’s something deeply sneaky going on. Hang on, wait. Non-US company looks to buy US company, the deal gets blocked. So then the same non-US company goes to buy another US company in a completely different sphere. It surely wouldn’t do that just to gain a longer term foothold onto the territory, would it? No, too far fetched. 9. Well, there was this bottle of wine. Or a bet. You know the story, it was a chance meeting, then a drink, one thing led to another and then, well, the next thing they knew they were grinning at each other and signing some thing… or indeed, they were in the locker room, being all alpha, and one said, “So, you don’t believe it would work? Watch this!” Or something. 10. The world is about to change in a completely unexpected way. Little do we all know, but the biggest enterprises are on the brink of some fundamental, singularity-scale transformation, where the entire software stack collapses down into a self-orchestrating, massive distributed micro-kernel architecture that runs directly on the chip. At which point, Broadcom wins the Information Age, all technological problems in the world are solved, and we can all go home. Thoughts? Advertisement

Broadcom (acquired by Avago Technologies) Investments

11 Investments

Broadcom (acquired by Avago Technologies) has made 11 investments. Their latest investment was in Tilera as part of their Series E on July 7, 2012.

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Broadcom (acquired by Avago Technologies) Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/19/2012

Series E

Tilera

$8.51M

No

3/15/2010

Series C - II

Tilera

$15M

Yes

1/21/2010

Unattributed VC

Wisair

$5.7M

No

2/6/2008

Growth Equity

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$99M

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10

9/18/2007

Series E

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$99M

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10

Date

7/19/2012

3/15/2010

1/21/2010

2/6/2008

9/18/2007

Round

Series E

Series C - II

Unattributed VC

Growth Equity

Series E

Company

Tilera

Tilera

Wisair

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Amount

$8.51M

$15M

$5.7M

$99M

$99M

New?

No

Yes

No

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Co-Investors

Sources

10

10

Broadcom (acquired by Avago Technologies) Portfolio Exits

2 Portfolio Exits

Broadcom (acquired by Avago Technologies) has 2 portfolio exits. Their latest portfolio exit was Tilera on November 06, 2014.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/6/2014

Acquired

$991

1

00/00/0000

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$991

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10

Date

11/6/2014

00/00/0000

Exit

Acquired

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Companies

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Valuation

$991

$991

Acquirer

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Sources

1

10

Broadcom (acquired by Avago Technologies) Acquisitions

31 Acquisitions

Broadcom (acquired by Avago Technologies) acquired 31 companies. Their latest acquisition was Ittiam on June 11, 2014.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/11/2014

Acquired

1

3/22/2012

Series E

$991

$44.9M

Acquired

2

3/21/2012

Series D

$67.8M

Acquired

1

9/12/2011

IPO

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$991

$99M

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10

3/21/2011

Series E

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$991

$99M

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10

Date

6/11/2014

3/22/2012

3/21/2012

9/12/2011

3/21/2011

Investment Stage

Series E

Series D

IPO

Series E

Companies

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Valuation

$991

$991

$991

Total Funding

$44.9M

$67.8M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

1

2

1

10

10

Broadcom (acquired by Avago Technologies) Partners & Customers

1 Partners and customers

Broadcom (acquired by Avago Technologies) has 1 strategic partners and customers. Broadcom (acquired by Avago Technologies) recently partnered with Xperi on December 12, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

12/18/2017

Partner

Xperi

United States

Tessera, Broadcom settle dispute; sign licensing agreement

Tessera Technologies , Broadcom settle dispute ; sign licensing agreement

3

Date

12/18/2017

Type

Partner

Business Partner

Xperi

Country

United States

News Snippet

Tessera, Broadcom settle dispute; sign licensing agreement

Tessera Technologies , Broadcom settle dispute ; sign licensing agreement

Sources

3

Broadcom (acquired by Avago Technologies) Service Providers

1 Service Provider

Broadcom (acquired by Avago Technologies) has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acq - P2P

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acq - P2P

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

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