|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||12.56 - 12.74|
|52 Week Range||11.43 - 12.74|
|PE Ratio (TTM)||179.30|
|Earnings Date||Feb 15, 2017 - Feb 20, 2017|
|Forward Dividend & Yield||0.22 (1.73%)|
|1y Target Est||12.79|
Chipmaker Broadcom received a pair of bullish reports after closing its acquisition of Brocade on Friday.
Broadcom (AVGO) finally completes the long-overdue acquisition of Brocade for almost $5.5 million. The deal boosts Broadcom's position in the storage area networking space.
The probability of AVGO making another acquisition offer for QCOM is not unlikely because its CEO has a strong record of completing complex acquisitions.
NEW YORK , Nov. 17, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Wednesday, November 22 ...
SAN JOSE, Calif., Nov. 17, 2017 /PRNewswire/ -- Broadcom Limited (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. (BRCD). Brocade will operate as an indirect subsidiary of Broadcom and will be led by Jack Rondoni as General Manager. Previously, Rondoni served as Senior Vice President of Storage Networking at Brocade, having joined the company in 2006.
ICX 7650 switch family delivers high performance, flexible scalability and simplified management for mid-to-large scale deployments meeting demands of next-gen wireless users SAN JOSE, Calif. , Nov. 14, ...
A tie-up would combine two of the largest makers of wireless communications chips for mobile phones and raises the stakes for Intel Corp (NasdaqGS:INTC - News), which has been diversifying into smartphone technology from its stronghold in computers. The value of Broadcom's bid has not been decided, though an offer in the range of around $70 to $80 per share is being contemplated, one of the sources said. At $70 a share, an offer would value Qualcomm at $103 billion.
SAN JOSE, Calif., Oct. 30, 2017 /PRNewswire/ -- Extreme Networks, Inc. (EXTR) today announced that it has completed its acquisition of Brocade Communications Systems, Inc.'s (BRCD) data center switching, routing and analytics business. Brocade's portfolio provides Extreme with an industry leading data center solution used by enterprises and service providers, supports the company's growth strategy to lead the networking industry from the data center to the wireless edge, and secures Extreme's position as a top player in the enterprise networking market. This is the third in a series of acquisitions announced by Extreme in the last year, including its acquisition of Zebra Technologies' WLAN business and Avaya's networking business.
The naysayers think the many acquisitions made by semiconductor chip vendor Broadcom (AVGO) hide its inability to expand, but that's a misplaced sentiment, according to a Bernstein analysis. Broadcom itself is the result of M&A in 2015, when Avago purchased Broadcom, an Apple (AAPL) supplier, in a $37 billion stock-and-cash deal. A flurry of asset sales and purchases have followed for the new entity, including Broadcom's pending acquisition of Brocade Communications Systems (BRCD).
Broadcom (AVGO) has been in the news for its major acquisitions year after year. In fact, it has acquired eight companies in as many years. Its latest deal, the $5.5 billion merger with Brocade Communications ...
SAN JOSE, Calif., Oct. 3, 2017 /PRNewswire/ -- Extreme Networks, Inc. (EXTR) today announced that it has signed an asset purchase agreement with Brocade Communications Systems, Inc. (BRCD) to purchase the company's Switching, Routing and Analytics (SRA) data center business for substantially the same terms as the previously announced agreement between Extreme and Broadcom. The transaction is expected to close within 30 days and is subject to the satisfaction or waiver of customary closing conditions. "We expect this agreement directly with Brocade to accelerate our ability to close our acquisition of the data center business," said Ed Meyercord, President and CEO of Extreme Networks.