Broadcom will use $ 3.7 billion acquisition of NetLogic

Broadcom said on Monday it has agreed to use approximately $ 3.7 billion acquisition of NetLogic Microsystems company. This Cheap Brand Android Tablets acquisition will enable it to better meet the integrated, end to end communication and processing platform of the growing demand.

This acquisition will use a number of new product lines and technology infrastructure to expand Broadcom's product portfolio, including knowledge-based processor, multi-core embedded processors and digital front-end processor. Cheap Brand Android Tablets NetLogic is involved in the production of 4G wireless networking chips. This is an area still under development, has been the communications chip company Broadcom, etc. the focus.

The acquisition price is higher than Friday's closing prices NetLogic 57%. After the end of the bid, Google will get $ 50 a share. Prior to the suspension of pre-market trading, NetLogic's stock price rose 19 percent to $ 37.99. Broadcom stock suspension price is $ 33.44.

Wholesale Best Brand Android Tablets Board of Directors of both companies have approved the deal. The deal is expected to be completed in the first half of next year. Broadcom expects the acquisition will increase its 2012 profits of about 10 cents per share.

Cheap Brand Android Tablets Broadcom also maintains its third-quarter business outlook. Broadcom said it expects third quarter revenue forecast in July 19-2000000000 U.S. dollars between.