In January 2017, the FTC sued Qualcomm, who allegedly made use of unlawful tactics to maintain "a monopoly on cellular-communications chips." They had found that these Qualcomm microchips infringed on patents owned by Broadcom. International Trade Commission blocked the import of new cell phone models based on particular Qualcomm microchips. Broadcom first landed on the Fortune 500 in 2009, and climbed to spot #327 in 2013. As of 2011, Broadcom was among Gartner's Top 10 Semiconductor Vendors by revenue. In 2012, Broadcom's total revenue was $8.01 billion. Unlike the others, which were struggling start-ups, ServerWorks was revenue-generating and profitable. This acquisition was one in a string of purchases of companies by Broadcom in the beginning of the 2000s. īroadcom Corporation acquired ServerWorks Corporation, a maker of chipsets for IA-32-based servers, in 2001 for $957 million. In 1998, Broadcom became a public company on the NASDAQ exchange (ticker symbol: BRCM) and employs about 11,750 people worldwide in more than 15 countries. In 1995 the company moved from its Westwood, Los Angeles office to Irvine, California. History Founding and growth Broadcom facility in Cambridge UK, as seen in 2011īroadcom Corporation was founded by professor-student pair Henry Samueli and Henry Nicholas from UCLA in 1991. It was acquired by Avago Technologies in 2016 and currently operates as a wholly owned subsidiary of the merged entity Broadcom Inc.
Broadcom Corporation was an American fabless semiconductor company that made products for the wireless and broadband communication industry.
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