Broadcom Inc. is an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, and storage and industrial markets.
Tan Hock Eng is the company's president and CEO. The company is headquartered in San Jose, California. Avago Technologies Limited took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired.
Broadcom has a long history of corporate transactions (or attempted transactions) with other prominent corporations mainly in the high-technology space.
In October 2019, the European Union issued an interim antitrust order against Broadcom concerning anticompetitive business practices which allegedly violate European Union competition law.
On 9 August 2019, news sources reported that Broadcom had decided to acquire the enterprise security business of Symantec Corporation (the consumer software portion of which is now known as NortonLifeLock) for $10.7 billion in cash. And on 4 November 2019 Broadcom announced that it had completed the acquisition of the business, as well as the Symantec name and brand. n 2019, Broadcom was announced the 5th best stock of the 2010s, with a total return of 1,956%.
On January 7, 2020, Accenture plc had agreed to acquire Symantec's 300-person cybersecurity services division from Broadcom. In February 2020, Broadcom announced the world's first WiFi 6E client device, the BCM4389.
According to wikipedia.org