Wednesday, March 2, 2011

Broadcom Eyes Provigent

Irvine-based Broadcom is in talks to acquire Israeli semiconductor firm Provigent, a maker of systems-on-a-chip for broadband wireless, according to Israeli business publication Globes. Citing un-named sources, Globes said that Broadcom is looking to pay between $300M and $400M for the company. No details on the rumored deal have been announced by either company.

---