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Broadcom Corp (BRCM.O)

BRCM.O on Nasdaq

54.67USD
29 Jan 2016
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Latest Key Developments (Source: Significant Developments)

Broadcom Corp declares quarterly dividend
Tuesday, 17 Nov 2015 05:36pm EST 

Broadcom Corp:Announced it will pay its next quarterly cash dividend of $0.14 per share to holders of the Company's common stock.$0.14 dividend was declared by the Board of Directors on November 17, 2015 and will be paid on December 14, 2015 to holders of record of the Company's Class A and Class B common stock at the close of business on November 30, 2015.  Full Article

EU regulators to decide on $37 bln Avago Technologies Ltd, Broadcom Corp deal by Nov. 9 - Reuters
Sunday, 4 Oct 2015 08:00pm EDT 

Broadcom Corp:European Union antitrust regulators will rule by Nov. 9 whether to clear a $37 billion bid by U.S. chipmaker Avago Technologies for rival Broadcom Corp, the biggest ever merger in the sector - Reuters.The combination of Avago, which serves the wireless and industrial markets, and Broadcom, which makes connectivity chips for Apple and Samsung Electronics smartphones, would create the third-largest semiconductor maker in the United States - Reuters.The European Commission can clear the deal with or without concessions in the preliminary review or it can open a full-scale investigation if it has serious concerns about its competitive impact - Reuters.  Full Article

Broadcom Corp declares dividend
Thursday, 13 Aug 2015 07:35am EDT 

Broadcom Corp:Declares dividend of $0.14 per share.Payable on Sept. 14 to holders of record of the Company's Class A and Class B common stock at the close of business on Aug. 28.  Full Article

Broadcom Corp gives Q3 2015 revenue guidance in line with analysts' estimates
Thursday, 30 Jul 2015 04:05pm EDT 

Broadcom Corp:Expects Q3 2015 net revenue of $2.135 billion +/- $75 million.Q3 2015 revenue of $2.188 billion - Thomson Reuters I/B/E/S.  Full Article

Avago Technologies Ltd to acquire Broadcom for $37 billion
Thursday, 28 May 2015 07:00am EDT 

Avago Technologies Ltd:Enters into a definitive agreement under which Avago will acquire Broadcom in a cash and stock transaction that values the combined company at $77 billion in enterprise value.Upon completion of the acquisition, the combined company will have the most diversified communications platform in the semiconductor industry, with combined annual revenues of approximately $15 billion.Avago intends to fund the $17 billion of cash consideration with cash on hand from the combined companies and $9 billion in new, fully-committed debt financing from a consortium of banks.  Full Article

Broadcom Corp declares quarterly dividend
Tuesday, 12 May 2015 12:44pm EDT 

Broadcom Corp:Declares dividend of $0.14 per share to holders of common stock.Payable on June 15.Record date of Class A and Class B common stock as on May 29.  Full Article

Broadcom Corp gives Q2 2015 revenue guidance in line with analysts' estimates
Tuesday, 21 Apr 2015 04:05pm EDT 

Broadcom Corp:Expects Q2 2015 Net revenue of $2.10 billion +/- $75 million.Q2 2015 revenue of $2.07 billion - Thomson Reuters I/B/E/S.  Full Article

Broadcom declares quarterly dividend
Thursday, 29 Jan 2015 04:10pm EST 

Broadcom Corp:Declares cash dividend of $0.14 per share.Payable on March 2 to holders of record of the Company's Class A and Class B common stock at the close of business on Feb. 13.  Full Article

Broadcom Corp gives Q1 2015 revenue guidance in line with analysts' estimates
Thursday, 29 Jan 2015 04:05pm EST 

Broadcom Corp:Expects Q1 2015 total net revenue of $2.00 billion +/- $75 million.Q1 2015 revenue of $2.00 billion - Thomson Reuters I/B/E/S.  Full Article

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Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion

Chipmaker Broadcom Ltd said it would buy Brocade Communications Systems Inc for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers.