Broadcom

Broadcom Inc. is an American multinational 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, storage, and industrial markets. As of 2023, some 79 percent of Broadcom's revenue was coming from its semiconductor-based products and 21 percent from its infrastructure software products and services.: 43 

This article is about the company renamed as Broadcom from 2016 forward, formerly known as Avago Technologies. For the pre-2016 company by that name, see Broadcom Corporation.
"Avago" redirects here. For the Irish/UK television channel, see Avago (TV channel).

Broadcom Inc.
Formerly
  • HP Associates (1961–1999)
  • Agilent Semiconductor Products Group (1999–2005)
  • Avago Technologies (2005–2016)
  • Broadcom Limited (2016–2018)
Company typePublic
Industry
Founded1961 (1961)
HeadquartersStanford Research Park,
Palo Alto, California
,
U.S.
Key people
Henry Samueli
(Chairman)
Hock Tan
(President and CEO)
ProductsSemiconductor and infrastructure software products
Revenue US$35.82 billion (2023)
US$16.21 billion (2023)
US$14.08 billion (2023)
Total assets US$72.86 billion (2023)
Total equity US$23.99 billion (2023)
Number of employees
c. 20,000 (2023)
Websitebroadcom.com
Footnotes / references

Tan Hock Eng is the company's president and CEO. 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 which represented old Avago now represents the newly merged entity. The Broadcom Corporation ticker symbol BRCM was retired. At first the merged entity was known as Broadcom Ltd., before assuming the present name.

In October 2019, the European Union issued an interim antitrust order against Broadcom concerning anticompetitive business practices which allegedly violate European Union competition law.

In May 2022, Broadcom Inc. announced an agreement to acquire VMware in a cash-and-stock transaction valued at $61 billion. The acquisition was closed on November 22, 2023.

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