Broadcom Brocade Merger Agreement

About Broadcom Limited Broadcom Limited is a global designer, developer and provider of a wide range of solid-state digital and analog connectivity solutions. Broadcom Limited`s extensive product portfolio serves four main end markets: wired infrastructure, wireless communication, enterprise storage, industry and others. Applications for our products in these markets include: data center networks, home connectivity, set-box, broadband access, telecommunications equipment, smartphones and base stations, servers and data storage, factory automation, power generation and alternative energy systems, and electronic displays. For more information, see www.broadcom.com. The merger was delayed for review by the U.S. Foreign Investment Committee. In 2017, Broadcom announced that it would move its legal address from Singapore to Delaware, which would avoid verification. [31] This measure was related to the renaming of Broadcom Ltd.`s parent company to Broadcom Inc.[32] Broadcom`s pre-2016 merger, Broadcom Corp., remains a 100% subsidiary of the parent company renamed Broadcom Inc. As part of the original merger agreement, companies could withdraw from the agreement on November 1 if it had not been concluded. However, the operation was delayed following an audit by the Committee on Foreign Investment in the United States (CFIUS), a government agency tasked with verifying foreign investment security issues. . .

.

Comments are closed.