InvestorsHub Logo
Followers 67
Posts 16221
Boards Moderated 2
Alias Born 02/14/2011

Re: None

Wednesday, 03/21/2012 9:43:04 AM

Wednesday, March 21, 2012 9:43:04 AM

Post# of 118
8:23 AM Broadcom (BRCM) confirms reports that it's to buy Broadlight, an Israeli provider of "Passive Optical Network" (PON) processors. Broadcom is to pay an initial $195M and possibly another $10M in the deal, which will enable the U.S. firm to "support customer requirements for rolling out next-generation fiber networks."

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.