Broadcom acquisition history

Broadcom acquired VMware, a leader in multi-cloud and virtualization software, in its largest deal to date. VMware's Cloud Foundation stack, virtualization portfolio, and enterprise customer base became the anchor of Broadcom's software strategy. Broadcom folded its existing software assets into VMware and refocused the business on helping enterprises build private and hybrid cloud environments.

We are excited to welcome VMware to Broadcom and bring together our engineering-first, innovation-centric teams as we take another important step forward in building the world's leading infrastructure technology company.Hock Tan — President and CEO, Broadcom

Broadcom's first major move beyond semiconductors, acquiring CA Technologies, a leading provider of IT management and mainframe/enterprise software. The deal added a large installed base of recurring software revenue and marked the start of Broadcom's infrastructure-software build-out. CA operates as a wholly owned subsidiary.

This transaction represents an important building block as we create one of the world's leading infrastructure technology companies. With its sizeable installed base of customers, CA is uniquely positioned across the growing and fragmented infrastructure software market, and its mainframe and enterprise software franchises will add to our portfolio of mission critical technology businesses.Hock Tan — President and CEO, Broadcom

This combination aligns our expertise in software with Broadcom's leadership in the semiconductor industry. The benefits of this agreement extend to our shareholders who will receive a significant and immediate premium for their shares, as well as our employees who will join an organization that shares our values of innovation, collaboration and engineering excellence.Mike Gregoire — CEO, CA Technologies

Broadcom acquired the enterprise security division of Symantec, carving it out from the consumer-facing business (which remained as NortonLifeLock). The portfolio spans endpoint security, web security services, cloud security, and data loss prevention. It became the Symantec Enterprise division of Broadcom, extending Broadcom's software footprint into enterprise cybersecurity for its Global 2000 customers.

M&A has played a central role in Broadcom's growth strategy and this transaction represents the next logical step in our strategy following our acquisitions of Brocade and CA Technologies. Symantec's enterprise security business is recognized as an established leader in the growing enterprise security space and has developed some of the world's most powerful defense solutions that protect against today's evolving threat landscape and secure data from endpoint to cloud.Hock Tan — President and CEO, Broadcom

Broadcom (then Broadcom Limited) acquired Brocade, a leader in Fibre Channel storage area network (SAN) switching, to strengthen its enterprise storage connectivity portfolio for OEM customers. Consistent with Broadcom's model, it kept the FC SAN switching franchise and divested Brocade's IP Networking business, including the Ruckus Wireless assets Brocade had recently bought.

This strategic acquisition enhances Broadcom's position as one of the leading providers of enterprise storage connectivity solutions to OEM customers.Hock Tan — President and CEO, Broadcom

The transformational merger in which Avago Technologies acquired Broadcom Corporation and adopted the Broadcom name. It combined Avago's wired, wireless and enterprise storage franchises with Broadcom's networking, broadband and connectivity portfolio to create a global, diversified communication-semiconductor leader. The combined company traded as Broadcom Limited (later Broadcom Inc.) on NASDAQ under AVGO.

This is an important day in the evolution of both Avago and Broadcom. The combination of our Companies creates a global, diversified leader in communication semiconductors, with a combined enterprise value of approximately $77 billion.Hock Tan — President and CEO, Avago Technologies

Avago Technologies acquired LSI Corporation, a supplier of storage and networking semiconductors, to enter enterprise storage at scale and add system-level expertise in wired infrastructure. The deal created a diversified semiconductor leader with roughly $5 billion in annual revenue and was a foundational step in Avago's roll-up strategy.

This highly complementary and compelling acquisition positions Avago as a leader in the enterprise storage market and expands our offerings and capabilities in wired infrastructure, particularly system-level expertise. This combination will increase the Company's scale and diversify our revenue and customer base.Hock Tan — President and CEO, Avago Technologies

This transaction provides immediate value to our stockholders, and offers new growth opportunities for our employees to develop a wider range of leading-edge solutions for customers. Our leadership positions in enterprise storage and networking, in combination with Avago, create greater scale to further drive innovations into the datacenter.Abhi Talwalkar — President and CEO, LSI Corporation

Avago Technologies acquired Emulex, a provider of network connectivity, monitoring and management products, via cash tender offer. Emulex's connectivity solutions combined with Avago's server storage connectivity and fiber optic products to broaden Avago's enterprise storage portfolio.

Avago Technologies acquired PLX Technology, a leader in PCI Express (PCIe) silicon and software connectivity solutions, via cash tender offer. PLX's PCIe products complemented Avago's server storage connectivity and networking ASICs serving enterprise and data center customers.

Avago Technologies acquired CyOptics, a leader in Indium Phosphide (InP) optical chip and component technologies for datacom and telecom markets. The deal strengthened Avago's portfolio of single-mode InP laser and receiver capability for next-generation 40G and 100G enterprise and data center applications.