- TheStreet.com•10 hours ago
Broadcom agreed to purchase Brocade in November 2016 for roughly $5.5 billion.
- TheStreet.com•11 hours ago
With direct and indirect threats to its data center switch business mounting, it looks as if Cisco wants to make advanced software features available on cheaper hardware.
- PR Newswire•16 hours ago
SAN JOSE, Calif. and SINGAPORE, March 29, 2017 /PRNewswire/ -- Extreme Networks, Inc. (EXTR) and Broadcom Limited (AVGO) today jointly announced that they have entered into an agreement for Extreme to acquire Brocade Communications Systems, Inc.'s data center switching, routing, and analytics business from Broadcom following Broadcom's acquisition of Brocade. Brocade's data center networking business will be sold to Extreme for $55 million in cash, consisting of $35 million at closing and $20 million in deferred payments, as well as additional potential performance based payments to Broadcom, to be paid over a five-year term.
AVGO : Summary for Broadcom Limited - Yahoo Finance
Broadcom Limited (AVGO)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||218.12 x 100|
|Ask||249.74 x 100|
|Day's Range||219.68 - 221.35|
|52 Week Range||139.18 - 227.75|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-46.75|
|Dividend & Yield||4.08 (1.85%)|
|1y Target Est||N/A|