Transactions
Nov. 7, 2000
Brobeck Phleger: BROADCOM WILL PURCHASE CHIP-DEVELOPER ALLAYER
Irvine communications chip maker Broadcom Corp. is acquiring Allayer Communications, a privately held developer of optical networking communication chips. The stock deal is valued at $275.8 million.
Broadcom's integrated circuits enable broadband digital transmission of voice, video and data. Customers include Motorola, 3Com, Cisco Systems and Samsung.
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