Irvine-based Broadcom is in the process of buying Israeli network processor firm Broadlight, in a deal worth between $230M and $340M, according to Israel papers. The two apparently have signed a letter of intent for the acquisition. Broadlight develops embedded networking processors, and is based in Herzliya, Israel. No details on the acquisition have been released by Broadcom.
Top NewsTuesday, December 13, 2011
Broadcom Eyes Acquisition Of Israeli Startup