Thursday, April 5, 2012

Broadcom Completes Broadlight Acquisition

Broadcom completed its previously announced acquisition of Broadlight for $195 million.

"The BroadLight acquisition strengthens our IP and product portfolio with high performance, flexible GPON products, increasing the addressable market of our broadband communications business," said Dan Marotta, Broadcom's Executive Vice President and General Manager, Broadband Communications Group. "BroadLight accelerates our time-to-market in GPON, adds important OLT products and technology and enhances our longer-term fiber roadmap."

The deal was first announced last month.