September 26, 2003 |
Broadcom Corp., the largest maker of cable-modem computer chips, combined its six marketing and product development units into four to improve sales and marketing to customers. No jobs will be cut, Irvine-based Broadcom said. The four new units are enterprise computing, network infrastructure, mobile and wireless, and broadband communications, the company said. Shares of Broadcom rose 50 cents to $27 on Nasdaq.
April 8, 2004 |
Irvine-based Broadcom Corp. acquired privately held Sand Video Inc., a maker of video compress technology for semiconductors, for $77.5 million in cash and stock. Broadcom said it would issue 1.67 million shares, worth $70.1 million at Tuesday's closing price, and pay $7.4 million in cash to acquire Andover, Mass.-based Sand. Broadcom shares rose 14 cents to $42.19 on Nasdaq.
September 2, 2006 |
Broadcom Corp. may pursue a dismissed antitrust complaint against Qualcomm Inc., the world's second-largest maker of chips for wireless phones. Broadcom cited a Federal Trade Commission decision recently against Rambus Inc. that it said conflicted with the ruling by U.S. District Judge Mary Cooper, who dismissed the Qualcomm case. Irvine-based Broadcom, a maker of semiconductors used in communications, said it might appeal the judge's ruling or file an amended complaint.
June 14, 2007 |
Irvine-based chip maker Broadcom Corp. has been in talks with cellphone makers about new designs since winning a patent dispute with rival Qualcomm Inc., Chief Executive Scott McGregor said. The U.S. International Trade Commission on June 7 banned the import of some phones after finding that Qualcomm's newest chips infringe a Broadcom patent for a battery-saving feature. The ban could mean wireless carriers won't be able to offer the newest phones for Christmas.
April 28, 2007 |
Shareholders of chip maker Broadcom Corp. should withhold votes for Chairman Henry Samueli at their annual meeting because of his role in backdating stock options, a corporate-governance group recommended. Irvine-based Broadcom in January reported the largest restatement so far related to misdated stock options, adding $2.2 billion in costs for the years 1998 to 2005. The maker of silicon chips for consumer devices said Samueli reasonably relied on outside experts when granting the options.
October 16, 2007 |
Broadcom Corp. said it had developed an integrated third-generation high-speed wireless cellphone chip ahead of bigger rivals Texas Instruments Inc. and Qualcomm Inc. The Irvine-based company said it developed a single chip with a baseband -- the cellphone's main processor -- and a radio receiver as well as FM radio and Bluetooth, a short-range technology used for wirelessly linking handsets to headsets.