Broadcom acquired Polymer Optical Fiber business of Infineon Technologies AG for $27 million, a transaction completed in 2007, structured as All-cash acquisition of a business, completed in fiscal year 2007..
Polymer Optical Fiber business of Infineon Technologies AG operates in Wired infrastructure / fiber-optic components, is based in Germany. During its 2007 fiscal year, Avago Technologies (later renamed Broadcom) acquired the Polymer Optical Fiber (POF) business of Germany's Infineon Technologies AG for $27 million in cash. The unit supplied fiber-optic transmitter and receiver components used in automotive and industrial data links.
The purchase expanded Avago's fiber-optic product portfolio and strengthened its position in optical data-communication components for industrial and automotive applications.
Advisory firms were not disclosed for this transaction.