Broadcom Corporation has announced acquisition of Percello Ltd, a semiconductor company that offers digital baseband processors for WCDMA and LTE Femtocells.
Broadcom Corporation has announced acquisition of Percello Ltd, a semiconductor company that offers digital baseband processors for WCDMA and LTE Femtocells.
The acquisition of Percello is expected to enable Broadcom to lower overall bill of material cost and accelerate the time to market for best-in-class and energy-efficient femtocell technology.
“Percello’s energy-efficient and cost-optimized femtocell architecture augments our portfolio of highly integrated solutions for broadband connectivity and provides significant benefits for our customers and end users,” said Greg Fischer, Vice President and General Manager of Broadcom’s Broadband Carrier Access line of business.
In connection with the acquisition, Broadcom expects to pay approximately $86 million, net of cash assumed from Percello, to acquire all of the outstanding shares of capital stock and other rights of Percello.
Earlier this month Broadcom announced the acquisition of Beceem Communications Inc., a provider of 4G wireless platform solutions.
See company announcement for more details.
