Showing posts with label Broadcom. Show all posts
Showing posts with label Broadcom. Show all posts

Monday, July 16, 2018

Arrcus builds Network OS for white box data center infrastructure

Arrcus, a start-up based in San Jose, California, emerged from stealth to unveil its software-driven, hardware agnostic network operating system for white boxes.

Arrcus said it sees an opportunity to help enterprises transform the way they manage their networks, liberating them from vertically integrated proprietary solutions and opening the door to horizontally diversified choices of best-in-class silicon and hardware systems.

The company's new ArcOS networking operating system has been ported to both Broadcom’s StrataDNX Jericho+ and StrataXGS Trident 3 switching silicon platforms.

ArcOS is built on a modular micro-services paradigm and offers advanced Layer 3 routing capabilities. Key elements include a hyper-performance resilient control plane, an intelligent, programmable Dataplane Adaptation Layer (DPAL), a data-Model Driven Telemetry for Control Plane, Data Planes and Environmental, and a consistent YANG/OpenConfig APIs for easy programmatic access.  These capabilities in conjunction with Broadcom’s StrataDNX Jericho+ platform enable the support for the full BGP internet routing table.

Arrcus cites the following use cases:

  • Spine-Leaf Clos for Datacenter workloads
  • Internet Peering for CDN providers and ISPs
  • Resilient Routing to the Host
  • Massively Scalable Route-Reflector clusters in physical/container form-factors

Arrcus also announced $15 million in Series A funding from General Catalyst and Clear Ventures. Advisors include include Pankaj Patel, former EVP and CDO of Cisco; Amarjit Gill, serial entrepreneur who founded and sold companies to Apple, Broadcom, Cisco, EMC, Facebook, Google, and Intel; Farzad Nazem, former CTO of Yahoo; Randy Bush, Internet Hall of Fame, founder Verio (basis of NTT’s DataCenter Business); Fred Baker, former Cisco Fellow, IETF Chair and Co-Chair of the IPv6 Working Group; Nancy Lee, ex-VP of People at Google, and Shawn Zandi, Director, Network Engineering at LinkedIn.

“We use ‘network different’ as our fundamental approach to enable the freedom of choice through our product innovation and challenging the status quo.  Arrcus has assembled the world’s best networking technologists, is bringing new capabilities, and changing the business model to make it easier to design, deploy, and manage large scale networking solutions for our customers,” stated Arrcus co-founder and CEO Devesh Garg.

  • Arrcus is headed by Devesh Garg, who previously was president of EZchip (acquired by Tilera) and founding CEO of Tilera (acquired by EZchip). He also served at Bessemer Venture Partners and Broadcom. Other Arrcus co-founders include Keyur Patel, who was a Distinguished Engineer at Cisco; and Derek Yeung, a former Principal Engineer at Cisco.

Wednesday, July 11, 2018

Broadcom to acquire CA Technologies for $18.9 billion

Broadcom agreed to acquire CA Technologies (NASDAQ: CA) for $44.50 per share in cash, representing an enterprise value of $18.9 billion -- a premium of approximately 20% to the closing price of CA common stock on July 11, 2018.

CA, which was founded by Charles Wang and Russell Artzt in 1976 and formerly known as Computer Associates,  is one of the world's leading providers of information technology (IT) management software and solutions. The company is based in New York City and is primarily known for its B2B mainframe, distributed computing, and enterprise software.

Broadcom notes that CA benefits from predictable and recurring revenues with the average duration of bookings exceeding three years.

Hock Tan, President and Chief Executive Officer of Broadcom, said, "This transaction represents an important building block as we create one of the world's leading infrastructure technology companies. With its sizeable installed base of customers, CA is uniquely positioned across the growing and fragmented infrastructure software market, and its mainframe and enterprise software franchises will add to our portfolio of mission critical technology businesses. We intend to continue to strengthen these franchises to meet the growing demand for infrastructure software solutions."

"We are excited to have reached this definitive agreement with Broadcom," said Mike Gregoire, CA Technologies Chief Executive Officer. "This combination aligns our expertise in software with Broadcom's leadership in the semiconductor industry. The benefits of this agreement extend to our shareholders who will receive a significant and immediate premium for their shares, as well as our employees who will join an organization that shares our values of innovation, collaboration and engineering excellence. We look forward to completing the transaction and ensuring a smooth transition."




Trump blocks Broadcom's proposed takeover of Qualcomm

President Trump signed an executive order prohibiting Broadcom from acquiring Qualcomm or proceeding with any substantially equivalent merger, acquisition, or takeover of the firm whether effected directly or indirectly.

The order cited "credible evidence" that Broadcom, along with its partners, subsidiaries, or affiliates, impairs the national security of the United States.

Trump said he was taking this action upon review of a recommendation from the Committee on Foreign Investment in the United States.

Broadcom issued a statement saying it was reviewing the order.

Qualcomm issued a statement saying all of Broadcom’s director nominees are also disqualified from standing for election as directors of Qualcomm. 'the company will reconvene its 2018 Annual Meeting of Stockholders on the earliest possible date. Stockholders of record on January 8, 2018 will be entitled to vote at the meetin

Wednesday, April 4, 2018

Broadcom is now officially a U.S. company

Broadcom officially completed the redomiciliation process to change from a Singapore company to a Delaware corporation. Broadcom is now officially headquartered in San Jose, California. It has over 8,500 employees in 35 states.

The change in residency is expected to lead to several hundred million dollars in additional U.S. taxes.

Effective as of the close of trading on April 4, 2018, all issued ordinary shares of Broadcom Limited have been exchanged on a one-for-one basis for newly issued shares of common stock of Broadcom Inc. Broadcom Inc. common stock will begin trading on April 5, 2018, and the company's trading symbol on NASDAQ will remain unchanged as "AVGO."

The completion of our redomiciliation to the United States marks an important milestone in our company's history as Broadcom has been an American company in every respect but our legal domicile. As I said when we announced our intention to redomicile from the Oval Office in November 2017, we believe that America is once again the best place for Broadcom to do business," Hock Tan, Broadcom's President and Chief Executive Officer.

Monday, March 12, 2018

Trump blocks Broadcom's proposed takeover of Qualcomm

President Trump signed an executive order prohibiting Broadcom from acquiring Qualcomm or proceeding with any substantially equivalent merger, acquisition, or takeover of the firm whether effected directly or indirectly.

The order cited "credible evidence" that Broadcom, along with its partners, subsidiaries, or affiliates, impairs the national security of the United States.

Trump said he was taking this action upon review of a recommendation from the Committee on Foreign Investment in the United States.

Broadcom issued a statement saying it was reviewing the order.

Qualcomm issued a statement saying all of Broadcom’s director nominees are also disqualified from standing for election as directors of Qualcomm. 'the company will reconvene its 2018 Annual Meeting of Stockholders on the earliest possible date. Stockholders of record on January 8, 2018 will be entitled to vote at the meeting.

Broadcom’s Terabit Monterey Chip extends Ethernet to LTE and 5G Radios

Broadcom introduced a terabit-class Ethernet switching chip designed for high-capacity cellular fronthaul networks.

The Broadcom Monterey Ethernet switch (BCM56670) targets Ethernet-based 5G radios and while also supporting existing CPRI-based radios.

It supports the IEEE’s new 802.1CM (Time-Sensitive Networking for Fronthaul) standard, which provides an Ethernet synchronization solution, CPRI-to-Ethernet bridging, and nanosecond-scale jitter and delay control.

IEEE 802.1CM specifies how to carry cellular radio traffic over Ethernet, It relies on pre-emption, Synchronous Ethernet, and the 1588 Precision Timing specification.

Broadcom said its Monterey silicon offers an order-of-magnitude increase in synchronization accuracy by moving time stampers from Ethernet MAC to SerDes I/O, exceeding 3GPP, IEEE, and ITU-T specifications for 4G & 5G networks.

Monterey Ethernet switch key attributes:

  • Transports CPRI across standard Ethernet
  • Enables cellular-system designers to leverage the merchant-silicon-based Ethernet ecosystem
  • Connects directly to new Ethernet-based radios and installed CPRI-based radios
  • Terabit-class capacity to meet the 10x increase in capacity needed by 5G networks
  • Serves as a critical component in building mobile-edge computing platforms
  • Hardware support for key 5G requirements, including nanosecond-scale synchronization

“We are very pleased to announce another ground-breaking solution that addresses fundamental problems and opens a new, major market for our switching products,” said Ram Velaga, vice present and general manager, Switch Products at Broadcom. “The Monterey Ethernet switch is an excellent example of Broadcom’s deep commitment to 5G innovation and strategic R&D investment.”
Sampling is underway.

Wednesday, March 7, 2018

Broadcom's Jericho2 switch-routing chip boasts 10 Tbps capacity

Broadcom announced commercial availability of its Jericho2 and FE9600 chips, the next generation of its StrataDNX family of system-on-chip (SoC) Switch-Routers.

The Jericho2 silicon boasts 10 Terabits per second of Switch-Router performance and is designed for high-density, industry standard 400GbE, 200GbE, and 100GbE interfaces. Key features include the company's "Elastic Pipe" packet processing, along with large-scale buffering with integrated High Bandwidth Memory (HBM).

The new device is shipping within 24 months from its predecessor Jericho+., Jericho2 delivers 5X higher bandwidth at 70% lower power per gigabit.

In addition to Jericho2, Broadcom is shipping FE9600, the new fabric switch device with 192 links of the industry's best performing and longest-reach 50G PAM-4 SerDes. This device offers 9.6 Terabits per second fabric capacity, a delivers 50% reduction in power per gigabit compared to its predecessor FE3600.

“The Jericho franchise is the industry’s most innovative and scalable silicon used today in various Switch-Routers by leading carriers,” said Ram Velaga, Broadcom senior vice president and general manager, Switch Products. “I am thrilled with the 5X increase in performance Jericho2 was able to achieve over a single generation. Jericho2 will accelerate the transition of carrier-grade networks to merchant silicon-based systems with best-in-class cost/performance.”

Tuesday, March 6, 2018

Broadcom delivers 400G Reverse Gearbox

Broadcom announced commercial availability of a 400G gearbox device for hyperscale data center and cloud applications.

The new BCM81724 device, which is Broadcom’s 4th generation gearbox, is an 8x56-Gbps PAM-4 to 16x25-Gbps NRZ forward and reverse gearbox, designed to enable next-generation high-performance switches with PAM-4 I/Os to connect to the large existing ecosystem of switches and plug-in modules with NRZ interface.

It can also be configured as an 8x56-Gbps PAM-4 retimer to extend high-speed copper and optical links in modern networks.

Broadcom said the availability of new switch ASICs and ASSPs such as its Tomahawk 3, provides a bridge connecting the high-bandwidth 400G PAM-4 interface of the switch to the NRZ interface on existing 100G QSFP28 optical modules. Further, given the general availability of copper-based NRZ modules supporting 100 Gbps in existing systems, it is essential to have a reverse gearbox that enables next-generation switches to connect to these modules.

“With the introduction of switches such as the Tomahawk 3 with 56G I/Os that are critical to meeting the rapidly increasing bandwidth needs in today’s cloud computing and hyper-scale data center environments, the BCM81724 is essential to interface these next generation high density switches to the existing 100G optical module ecosystem,” said Lorenzo Longo, senior vice president and general manager of the Physical Layer Products Division at Broadcom. “Built with proven PAM-4 SerDes that are foundational to Broadcom’s state-of-the-art switch processor chips, both merchant silicon and ASICs, our 16nm PAM-4 Reverse Gearbox provides the most robust and essential bridge for the end-to-end solutions driving faster time to market for our customers and expanding bandwidth capacity of next generation networks.”

Broadcom delivers its 12.8 Tbps Tomahawk 3 switching silicon

Broadcom announced commercial shipments of its StrataXGS Tomahawk 3 Ethernet switch silicon boasting 12.8 Terabits/sec in a single device -- double that of any other switching chip currently in the market.

Tomahawk 3 paves the way for high-density, standards-based 400GbE, 200GbE, and 100GbE switching and routing for hyperscale cloud networks. The latest gen silicon is expected to be adopted by leading network equipment OEMs as well as by hyperscale cloud companies.

Third party companies cited in the product announcement included Microsoft, Alibaba, Arista Networks, Baidu, Juniper Networks, LinkedIn, Tencent, Accton, Celestica, Delta Networks, Quanta, Applied Optoelectronics, Foxconn Interconnect Technologies, Intel Silicon Photonics, and Luxtera.

The new chip, which arrives 14 months after Broadcom introduced its 6.4Tbps product generation, offers 40% lower power consumption per 100GbE switch port and up to 75% lower cost per 100GbE switch port.

Key features of the StrataXGS Tomahawk 3 Series:

  • Supports 32 x 400GbE, 64 x 200GbE, or 128 x 100GbE line-rate switching and routing on a single chip
  • Delivers 40% reduction in power per 100Gbps, and up to 75% lower cost per 100Gbps, versus alternatives
  • New, state-of-the-art, integrated 12.8Tbps shared-buffer architecture offers 3X to 5X higher incast absorption and provides the highest performance and lowest end-to-end latency for RoCEv2 based workloads
  • Broadview Gen 3 integrated network instrumentation feature set and software suite provides full visibility to network operators into packet flow behavior, traffic management state, and switch internal performance
  • Supports all packet processing and traffic management requirements for next-gen hyperscale network use cases: >2X IP route forwarding scale, 2X ECMP scale, Dynamic Load Balancing and Group Multipathing, In-Band Network Telemetry, Elephant Flow detection and re-prioritization
  • Robust connectivity using 256 instances of the best performing and longest-reach 50G PAM-4 integrated SerDes core, enabling long-reach (LR) East-West optical links and Direct-Attached-Copper (DAC) in-rack cabling in the data center, fully compliant to new IEEE standards for 50/100/200/400GbE
  • Implemented on proven, high-volume 16nm process technology node, ensuring fastest time to CY2018 production network deployment for hyperscale customers 


Monday, March 5, 2018

Qualcomm postpones shareholder meeting

Qualcomm will postpone its shareholders' annual meeting from 06-March-2018 until 05-April-2018.

Reportedly, Qualcomm secretly filed a voluntary request with the Committee on Foreign Investment in the U.S. (CFIUS) asking for a preemptive investigation of Broadcom's proposed merger. This request has now resulted in an order to postpone the shareholder meeting which could have resulted in a new board of directors.

Broadcom described the postponement as "a blatant, desperate act by Qualcomm to entrench its incumbent board of directors and prevent its own stockholders from voting for Broadcom's independent director nominees."

Wednesday, February 21, 2018

Broadcom trims its offer for Qualcomm to $79 per share

Broadcom trimmed its offer to acquire Qualcomm from $82 to $79 per share, but said it is still committed to pursuing the deal. The offer consists of $57 in cash and $22 in Broadcom shares.

The decision to cut the price follows Qualcomm's decision to increase its offer to acquire NXP Semiconductor from $110 to $127.50 per share.

Broadcom's proposed merger agreement otherwise remains unchanged, including the $8 billion regulatory reverse termination fee and 6% per annum (net of dividends) ticking fee accruing from and after the 12-month anniversary of the date of the merger agreement.

Tuesday, February 20, 2018

Broadcom rethinks its options with Qualcomm

Broadcom is evaluating its options following Qualcomm's decision to raise its offer price for NXP Semiconductors to $127.50 per share.

Broadcom said the price increase "demonstrates the Qualcomm board's disregard for its fiduciary duty to maximize value for Qualcomm stockholders" and that it transfer $6.2 billion of value from Qualcomm shareholders to NXP shareholders.                       

Friday, February 16, 2018

Qualcomm rejects Broadcom's $82 offer after meeting

For a second time, the Board of Directors of Qualcomm formally turned down Broadcom's $82 per share "best and final" acquisition offer saying the bid "materially undervalues Qualcomm and has an unacceptably high level of risk, and therefore is not in the best interests of Qualcomm stockholders." This second rejection comes after members of Qualcomm’s Board and its senior management team met with Broadcom.

Paul E. Jacobs, chairman of Qualcomm's Board, posted a public letter to Broadcom's president and CEO, Mr. Hock Tan, in which he states two additional objections: potential divestitures that might be required by market regulators to gain approval for the acquisition, and potential changes to Qualcomm's valuable licensing business that Qualcomm views as problematic and not permitted under antitrust laws.

The letter leaves the door open to further discussions with Broadcom if these objections can be overcome.

Saturday, February 10, 2018

Broadcom's CEO seeks Qualcomm meeting

Broadcom's CEO Hock Tan published an open letter to Dr. Paul E. Jacobs, Executive Chairman of Qualcomm, seeking an urgent meeting to discuss Qualcomm's decision to reject the latest acquisition bid from Broadcom.

Mr. Tan reiterated that $82 per Qualcomm share is a "best and final offer" but said the agreement is highly favorable to Qualcomm and its stockholders and includes an $8 billion regulatory reverse termination fee and a 6% per annum regulatory ticking fee on the cash portion of the merger consideration (net of dividends). 

Monday, February 5, 2018

Broadcom sweetens its bid for Qualcomm

Broadcom boosted its unsolicited bid to acquire Qualcomm to $121 billion, or $82 per share, consisting of $60.00 in cash and the remainder in Broadcom shares.

Broadcom described the bid as its "best and final offer", saying that it is prepared to pay to Qualcomm "a significant "reverse termination fee" in an amount appropriate for a transaction of this size in the unlikely event we are unable to obtain required regulatory approvals."

Several conditions were placed on the new offer, including that Qualcomm completes its own acquisition of NXP on current terms or that this merger be sracapped. A second condition is that Qualcomm not delay or adjourn its annual meeting past March 6, 2018.

Wednesday, January 31, 2018

Broadcom brings new Ethernet programmability with open source logical table software

Broadcom is introducing a new approach to Ethernet switch configuration that makes use of open source software to allow network hard vendors, OS vendors and even enterprise network managers to monitor, analyze, and provision switch resources through a standard software interface.

This capability is enabled by a new Software Development Kit Logical Table (SDKLT) for Broadcom switch ASICs that leverages table-based programming, where all the device physical resources such as MAC Address Tables, L3 route tables, TCAMs, etc. are exposed as logical tables. Device-specific information is stored in databases and not embedded in the APIs. Device-specific behavior is managed by logical tables through a small set of APIs. Broadcom said this approach introduces new ways to monitor, analyze and provision switch resources, all through industry standard automation tools. The company is making this logical table programmability available as an open source SDK.

Broadcom's first open source offering of the SDKLT is for BCM56960 Tomahawk switch, which is widely used in data center top-of-rack (TOR) switches. The SDKLT open source code is posted on GitHub. The open source code and the Logical Table APIs are released under Apache 2.0 license. The software is designed for High Availability (HA) including support for Soft Error Recovery, Warmboot, and In Service Upgrades.

“The SDKLT brings a fresh, state-of- the-art software development approach to the broader community of network software developers where they can now fully and directly control and monitor the rich switch feature set optimized for SDN and cloud use cases,” said Ram Velaga, senior vice president and general manager of switching products.

Thursday, January 11, 2018

Broadcom's 12.8 Tbps Tomahawk 3 in perspective

Broadcom describes its Tomahawk 3 as a quantum leap in switch power and cost efficiency for next-gen hyperscale data centres. There are four arguments for this: (1) Tomahawk3 offers scalable forwarding for container networking based on rich tunneling support and support for segment routing (2) Scale-Out, Configurable Load Balancing & Multipathing, which provide traffic load adaptive capabilities in the switch (3) Broadview Gen3 network instrumentation based on in-band telemetry with per-packet timestamping and mirroring (4) 40% reduced Watt/Gbps thanks to the chip’s 16nm geometry.

Broadcom’s BroadView software generates network analytics directly from the switching silicon, providing a way for network telemetry to collected.

Tomahawk3 also brings a high-performance integrated SerDes on chip, specifically, up to 256 x 50G-PAM4/25G-NRZ Dual-Mode SerDes. This enables 50G PAM-4 Based Ethernet Speeds, including 50GbE (1-lane), 100GbE (2-lane), 200GbE (4-lane), and 400GbE (8-lane). High-density port configurations for hyperscale spine switches based on the 12.8 Tbps Tomahawk3 could be:
  •         128 x 100GE
  •         64 x 200GE
  •         32 x 400GE

Broadcom is also offering an 8.0 Tbps version of the Tomahawk3 that could be used for 100G Top-of-rack switches with the following port combinations:
  •         80 x 100GE
  •         48 x 100GE + 8 x 400GE or 16 x 200GE
  •         96 x 50GE + 8 x 400GE or 16 x 200GE


The Broadcom universe

Finally, its worth considering the wide scope of partners and customers in the Broadcom switching ecosystem.



Till this point, pretty much all the major switch OEMs/ODMs are aboard. The big cloud vendors are building their own switches in-house but with Broadcom silicon. If there has been competitive pressure for this type of switch, mostly it would be from manufacturers opting to build switching ASICs in-house rather than rely on Broadcom solution. But there are a few start-ups attempting to enter the market.

Innovium will soon launch a 12.8 Tbps switch

In March 2017, Innovium, a start-up based in San Jose, California and backed by $90 million in venture funding, announced plans for a new line of TERALYNX scalable Ethernet silicon for data centers switches with aggregate capacity options at 12.8Tbps, 9.6Tbps, 6.4Tbps and 3.2Tbps performance points. Though the chips have yet to begin shipping to our knowledge at least, in an updated blog posting this week, Innovium revealed that initial its initial systems will be available in early part of 2018 and that the company expects its customer and partners to disclose further details at that time. Innovium says it has active engagements with leading customers across all categories: Cloud, OEMs & ODMs.

Innovium’s TERALYNX silicon promises support for 10/25/40/50/100/200/400GbE Ethernet standards. It will deliver 128 ports of 100GbE, 64 ports of 200GbE or 32 ports of 400GbE in a single device.

From the Innovium Ethernet switching silicon spec sheet:
  •         12.8Tbps, 9.6Tbps, 6.4Tbps and 3.2Tbps single chip performance options at packet sizes of 300B or smaller
  •         Single flow performance of 400Gbps at 64B minimum packet size, 4x vs alternatives
  •         70MB of on-chip buffer for superior network quality, fewer packet drops and substantially lower latency compared to off-chip buffering options
  •         Up to 128 ports of 100GbE, 64 ports of 200GbE or 32 ports of 400GbE, which enable flatter networks for lower Capex and fewer hops
  •         Support for cut-through with best-in-class low latency of less than 350ns
  •         Programmable, feature-rich INNOFLEX forwarding pipeline
  •         Comprehensive layer 2/3 forwarding and flexible tunneling including MPLS
  •         Large table resources with flexible allocation across L2, IPv4 and IPv6
  •         Line-rate, standards-based programmability to add new/custom features and protocols
  •         FLASHLIGHT telemetry and analytics to enable autonomous data center networks
  •         Extensive visibility and telemetry capabilities such as sFlow, FlexMirroring along with highly customizable extra-wide counters
  •         P4-INT in-band telemetry and extensions to dramatically simplify end to end analysis
  •         Advanced analytics enable optimal resource monitoring, utilization and congestion control allowing predictive capabilities and network automation

Innovium was co-founded by Rajiv Khemani, formerly COO of Cavium; Puneet Agarwal, former Senior Director and Distinguished Engineer at Broadcom; and Mohammad Issa, previously VP Engineering at Broadcom. Its investors include Greylock Partners, Walden International, Capricorn Investment Group, S-Cubed Capital, Redline, and Qualcomm Ventures.

Barefoot is shipping a 6.5 Tbps switching chip

Barefoot Networks, a start-up based in Palo Alto, California and backed by over $130 million in venture funding including an investment from Google, is already shipping a 6.5 Tbps version of its “Tofino” user programmable switching silicon. The silicon is designed for user programmability via the open-source P4 programming language.

Barefoot has previously stated that its technology is being adopted by large enterprises and telecommunications providers to increase network performance and efficiency through leveraging programmable forwarding plane technology.

One publicly disclosed example is AT&T, which has tested Barefoot’s Tofino and In-band Network Telemetry (INT) to gain deep insight into the network down to packet-level. Barefoot stated that it has recently worked with AT&T and SnapRoute to deliver what it believes is the first real-time path and latency visualisation.

Earlier this month, Barefoot introduced “Deep Insight” software, which can run on commodity servers and in a network powered by switches based on the "Tofino" programmable switch chip to interpret, analyze and pinpoint packet telemetry. Using stateful baselining of a network's performance, the company says its software automatically filters out irrelevant data, detecting only anomalies at any time scale and with nanosecond resolution. The Deep Insight software can track the sequence of switches the packet visited along its path, the set of rules it matched upon at every switch along the way, the time it spent buffered in every switch, to the nanosecond, and the packets, flows and application that the packet shared each queue with.

Barefoot Networks was co-founded by Nick McKeown, a Stanford professor and co-founder of Nicira (acquired by VMware), Martin Izzard, Pat Bosshart, and Dan Lenoski VP Engineering. In February 2017, Barefoot named Craig Barratt as President and Chief Executive Officer.  Barratt joined Barefoot from Alphabet and Google, where he was Senior Vice President at Google and Chief Executive Officer of Alphabet’s Access business, which includes the Google Fiber broadband internet service. Prior to Google, he served as President of Qualcomm Atheros.

Tuesday, December 19, 2017

Broadcom delivers its 12.8 Tbps Tomahawk 3 switching silicon

Broadcom announced commercial shipments of its StrataXGS Tomahawk 3 Ethernet switch silicon boasting 12.8 Terabits/sec in a single device -- double that of any other switching chip currently in the market.

Tomahawk 3 paves the way for high-density, standards-based 400GbE, 200GbE, and 100GbE switching and routing for hyperscale cloud networks. The latest gen silicon is expected to be adopted by leading network equipment OEMs as well as by hyperscale cloud companies.

Third party companies cited in the product announcement included Microsoft, Alibaba, Arista Networks, Baidu, Juniper Networks, LinkedIn, Tencent, Accton, Celestica, Delta Networks, Quanta, Applied Optoelectronics, Foxconn Interconnect Technologies, Intel Silicon Photonics, and Luxtera.

The new chip, which arrives 14 months after Broadcom introduced its 6.4Tbps product generation, offers 40% lower power consumption per 100GbE switch port and up to 75% lower cost per 100GbE switch port.

Key features of the StrataXGS Tomahawk 3 Series:

  • Supports 32 x 400GbE, 64 x 200GbE, or 128 x 100GbE line-rate switching and routing on a single chip
  • Delivers 40% reduction in power per 100Gbps, and up to 75% lower cost per 100Gbps, versus alternatives
  • New, state-of-the-art, integrated 12.8Tbps shared-buffer architecture offers 3X to 5X higher incast absorption and provides the highest performance and lowest end-to-end latency for RoCEv2 based workloads
  • Broadview Gen 3 integrated network instrumentation feature set and software suite provides full visibility to network operators into packet flow behavior, traffic management state, and switch internal performance
  • Supports all packet processing and traffic management requirements for next-gen hyperscale network use cases: >2X IP route forwarding scale, 2X ECMP scale, Dynamic Load Balancing and Group Multipathing, In-Band Network Telemetry, Elephant Flow detection and re-prioritization
  • Robust connectivity using 256 instances of the best performing and longest-reach 50G PAM-4 integrated SerDes core, enabling long-reach (LR) East-West optical links and Direct-Attached-Copper (DAC) in-rack cabling in the data center, fully compliant to new IEEE standards for 50/100/200/400GbE
  • Implemented on proven, high-volume 16nm process technology node, ensuring fastest time to CY2018 production network deployment for hyperscale customers 


“The Tomahawk franchise is the flagship for cutting-edge, single-chip performance and integration among Broadcom’s multi-vectored Ethernet switch silicon portfolio, tailored to the unique and rigorous demands of hyperscale data center operators,” said Ram Velaga, senior vice president and general manager, Switch Products at Broadcom. “I am proud of our world-class engineering team for innovating and delivering the 12.8Tbps Tomahawk 3 chip in a record 14 months after we released Tomahawk 2. We’ve applied great focus and diligence working with our hyperscale customers to ensure this product is the ideal fit for their upcoming high-radix 100/400GbE deployments and aggressive Terabit-per-dollar and Terabit-per-Watt targets. Broadcom is proving yet again that customers can rely on us to lead the industry on switch silicon performance and execution at every generation.”

Thursday, December 7, 2017

Broadcom hits revenue of $4.8 billion, up 9%

Broadcom reported Q4 2017 revenue of $4,844 million, an increase of 9 percent from $4,463 million in the previous quarter and an increase of 17 percent from $4,136 million in the same quarter last year.

Gross margin was $2,383 million, or 49.2 percent of net revenue, compared with gross margin of $2,149 million, or 48.2 percent of net revenue, in the prior quarter, and gross margin of $2,171 million, or 52.5 percent of net revenue, in the same quarter last year.

“On the heels of very strong fiscal 2017 financial results, and continuing momentum into the new fiscal year, we are increasing capital returns to our shareholders and have raised our interim quarterly dividend by 72%,” said Hock Tan, President and CEO of Broadcom Limited. “We also closed the acquisition of Brocade early in the first fiscal quarter of 2018, adding to our very successful track record of highly accretive M&A.”

Monday, December 4, 2017

Broadcom nominates 11 directors for Qualcomm's Board

Broadcom notified Qualcomm of its intention to nominate a slate of 11 individuals for election to Qualcomm's Board of Directors and to propose certain other matters for the consideration of Qualcomm stockholders at Qualcomm's 2018 Annual Meeting of Stockholders.  The nominated directors are:

  • Samih Elhage, former President of the Mobile Networks Business Group of Nokia Corporation. Previously held the role of Chief Financial and Operating Officer of Nokia Siemens Networks and Nokia Networks, subsidiaries of Nokia. Also served on the Boards of Alcatel-Lucent Corporation, Alcatel Shanghai Bell, and Quickplay Media Inc.
  • Raul J. Fernandez, Vice Chairman of Monumental Sports & Entertainment and former Chairman and CEO of ObjectVideo, Inc. Also served as CEO of Dimension Data North America and as Chairman, CEO and President of Proxicom, Inc. Serves on the Boards of AtSite, Inc. and Perfect Sense, Inc., and previously served as a Director of Kate Spade & Company.
  • Michael S. Geltzeiler, consultant for Temasek Holdings. Previously served as Senior Vice President and CFO of ADT Corporation and before that, CFO and Group Executive Vice President at NYSE Euronext. 
  • Stephen J. Girsky, Managing Partner of VectoIQ, an independent advisory firm. Previously served in a number of capacities at General Motors, including Vice Chairman. Serves on the Boards of United States Steel Corporation, Brookfield Business Partners, Drive.ai, and Valens Semiconductor Ltd. Previously served as a Director of GM following its emergence from bankruptcy and as Lead Independent Director of Dana Holdings Corp.
  • David G. Golden, Managing Partner at Revolution Ventures. Previously spent 18 years at J.P. Morgan, including five years as Vice Chairman and Director of technology, media and telecommunications investment banking. Serves on the Boards of Barnes & Noble Education, Inc. and Blackbaud, Inc. Previously served as a Director of Everyday Health, Inc. and Barnes & Noble, Inc. 
  • Veronica M. Hagen, retired President and CEO of Polymer Group, Inc. (later renamed AVINTIV Specialty Materials Inc). Also served as President and CEO of Sappi Fine Paper and held multiple positions at Alcoa, including Vice President and Chief Customer Officer and business unit president of Alcoa Engineered Products. Serves on the Boards of Newmont Mining Corporation, the Southern Company, and American Water Works Company, Inc. Previously served as a Director of AVINTIV, Jacuzzi Brands, Inc., and Covanta.
  • Julie A. Hill, owner of The Hill Company. Serves on the Board of Anthem, Inc. and was a Director of WellPoint Health Networks Inc. prior to its merger with Anthem. Has been a trustee of the Lord Abbett Family of Mutual Funds since 2004 and previously served as a Director of Lend Lease, Ltd., Resources Connection, Inc., and Holcim US. 
  • John H. Kispert, Managing Partner of Black Diamond Ventures. Previously served as President and CEO and a Director of Spansion, Inc. through its merger with Cypress Semiconductor Corporation. Serves on the Boards of Gigamon Inc. and Barracuda Networks, Inc. Previously served as a Director of Cypress, TriNet Group, Inc., and Extreme Networks, Inc., where he was Chairman. 
  • Gregorio Reyes, former Director and Chairman of the Boards of Dialog Semiconductor plc and LSI Corporation, and former Director of Seagate Technologies Public Limited Company. Previously was a co-founder and Chairman of Sunward Technologies Inc., Chairman and CEO of American Semiconductor Equipment Technologies, and President and CEO of National Micronetics. Held positions at National Semiconductor, Motorola, Fairchild Semiconductor, and Eaton.
  • Thomas S. Volpe, Managing Member of Volpe Investments LLC. Previously CEO of Dubai Group LLC, a diversified investment firm based in the United Arab Emirates, and before that, served as Chairman of Prudential Volpe Technology Group. Served on the Boards of Linear Technology Corporation and EFG-Hermes Holding Company.
  • Harry L. You, President, CFO and Director of GTY Technology Holdings Inc. Previously served as Executive Vice President in the Office of the Chairman of EMC Corporation. Served as CEO of BearingPoint Inc., Executive Vice President and CFO of Oracle Corporation and CFO of Accenture Ltd. Previously served as a Director of Korn/Ferry International.

Hock Tan, President and Chief Executive Officer of Broadcom, stated: "We have repeatedly attempted to engage with Qualcomm, and despite stockholder and customer support for the transaction, Qualcomm has ignored those opportunities. The nominations give Qualcomm stockholders an opportunity to voice their disappointment with Qualcomm's directors and their refusal to engage in discussions with us. In light of the significant value our proposal provides for Qualcomm stockholders, we believe Qualcomm stockholders would be better served by new independent, highly qualified nominees who are committed to maximizing value and acting in the best interests of Qualcomm stockholders."


Broadcom bids $130 billion to acquire Qualcomm

In what could become the largest tech merger to date, Broadcom announced a proposal to acquire all of the outstanding shares of Qualcomm for $70.00 per share in cash and stock, making the offer worth $130 billion in total, a 28% premium over the closing price of Qualcomm common stock on November 2, 2017

Broadcom cites the following benefits of a merged company:

  • Creates a Leading Diversified Communications Semiconductor Company: Qualcomm's cellular business is highly complementary to Broadcom's portfolio, and the combination will create a strong, global company with an impressive portfolio of technologies and products.
  • Accelerates Innovation to Deliver More Advanced Semiconductor Solutions to Global Customers: As a result of enhanced scale, reach and financial flexibility, the combined company will benefit from the ability to accelerate innovation and deliver more advanced semiconductor solutions to its broad global customer base.
  • Compelling Financial Benefits: The combined company will have an enhanced financial profile, benefiting from Broadcom's proven operating model with industry-leading margins. The combined Broadcom and Qualcomm, including NXP, will have pro forma fiscal 2017 revenues of approximately $51 billion and pro forma 2017 EBITDA of approximately $23 billion, including synergies. The transaction is expected to be accretive to Broadcom's Non-GAAP EPS in the first full year after close.

"Broadcom's proposal is compelling for stockholders and stakeholders in both companies. Our proposal provides Qualcomm stockhold

Sunday, December 3, 2017

ARRIS completes acquisition of Ruckus Wireless

ARRIS completed its previously-announced acquisition of the Ruckus Wireless and ICX Switch business from Broadcom.

When the deal was first announced in February 2017 the announced price was $800 million in cash, plus the additional cost of unvested employee stock awards, following the closing of Broadcom's acquisition of Brocade.

Ruckus Networks will operate as a dedicated business under Enterprise Networks. Its target vertical markets span hospitality, education, government, service providers, multi-dwelling / tenant units, sports / entertainment venues, and transportation centers. ARRIS said another opportunity for Ruckus is the small-cell CBRS LTE market.

Dan Rabinovitsj—previously COO of Ruckus Wireless—will lead a new ARRIS Enterprise Networks business segment.

The business will focus on the delivery of innovative, high-performance wireless and wired network infrastructure, with a robust channel-led sales strategy.

"This combination underscores our shared vision of achieving market leadership across wireless and wired networks in close partnership with our valued customers and channel partners," said Dan Rabinovitsj, President of ARRIS Enterprise Networks. "We're very excited about the collaboration opportunities across our product portfolios to enable connectivity from the office to the home and to all the places in between. Joining ARRIS means we still do what Ruckus does best, but on a larger, global scale. I'm excited to lead the Ruckus Networks team into our next stage of growth and innovation."

"I'm proud to welcome the 1,700 talented Ruckus Wireless and ICX Switch Business employees into the ARRIS family," said Bruce McClelland, ARRIS CEO. "It's an important milestone, not only for ARRIS but for our industries. Ruckus' unmatched expertise in wireless and wired networking perfectly complements our growth strategy of driving towards a constantly connected, mobile future. The acquisition brings diversification to our portfolio, building on our strength in networking and helping us to serve new verticals. Ultimately, our combined portfolios and scale will help our customers and partners deliver a smart, simple connected world for billions of people."

Broadcom completes Brocade acquisition - one year since bid


Broadcom completed its acquisition of Brocade Communications Systems. Brocade will operate as an indirect subsidiary of Broadcom and will be led by Jack Rondoni as General Manager. Previously, Rondoni served as Senior Vice President of Storage Networking at Brocade, having joined the company in 2006. "We are pleased to complete this transaction, which strengthens Broadcom's position as a leading provider of enterprise storage and networking solutions...







ARRIS to Acquire Ruckus Wireless and ICX Switch Business for $800M from Brocade

ARRIS agreed to acquire Brocade Communication Systems' Ruckus Wireless and ICX Switch business for $800 million in cash, plus the additional cost of unvested employee stock awards, following the closing of Broadcom's acquisition of Brocade.

ARRIS expects the acquisition to be accretive to its Non-GAAP earnings per share in the first 12 months. The deal is contingent on Broadcom closing its acquisition of Brocade, previously announced on November 2, 2016 and approved by Brocade shareholders on January 26, 2017. Broadcom presently expects to close the Brocade acquisition in its third fiscal quarter ending July 30, 2017.

Brocade to Acquire Ruckus Wireless for $1.5 Billion


Brocade agreed to acquire Ruckus Wireless in a deal valued at approximately $1.5 billion, consisting of $6.45 in cash and 0.75 shares of Brocade common stock for each share of Ruckus common stock. Ruckus' wireless products add to Brocade's enterprise portfolio and will also significantly strengthen Brocade's strategic presence in the broader service provider space. Ruckus has over $370 million in annual revenue and over 1,000 employees w

Sunday, November 19, 2017

Broadcom completes Brocade acquisition - one year since bid

Broadcom completed its acquisition of Brocade Communications Systems.

Brocade will operate as an indirect subsidiary of Broadcom and will be led by Jack Rondoni as General Manager. Previously, Rondoni served as Senior Vice President of Storage Networking at Brocade, having joined the company in 2006.

"We are pleased to complete this transaction, which strengthens Broadcom's position as a leading provider of enterprise storage and networking solutions and enables us to better serve our OEM customers," said Hock Tan, President and Chief Executive Officer of Broadcom. "Broadcom has a track record of successfully integrating and growing companies we acquire, enabling us to offer customers a leading portfolio of best-in-class franchises across a diverse set of technologies. We intend to invest in and grow the Brocade business to further enhance its capabilities in mission-critical storage networking."

Broadcom to Acquire Brocade for Fibre Channel Business

Broadcom agreed to acquire Brocade Communications Systems for $12.75 per share in an all-cash transaction valued at approximately $5.5 billion, plus $0.4 billion of net debt.

Broadcom plans to keep Brocade's Fibre Channel storage area network (FC SAN) switching business and divest Brocade’s IP Networking business, consisting of wireless and campus networking, data center switching and routing, and software networking solutions.

Broadcom expects to fund the transaction with new debt financing and cash available on its balance sheet.

The companies said the deal is not subject to any financing conditions, nor is it conditioned on the divestiture of Brocade’s IP Networking business.

Broadcom said key reasons for the acquisition include the profitability margin for Brocade's FC SAN business, which currently comprises vast majority of Brocade’s non-GAAP operating profit.

Extreme to Acquire Brocade's Switching Business for $55 Million

Extreme Networks agreed to acquire Brocade Communications Systems' data center switching, routing, and analytics business from Broadcom following Broadcom's acquisition of Brocade. The deal is valued at $55 million in cash, consisting of $35 million at closing and $20 million in deferred payments, as well as additional potential performance based payments to Broadcom, to be paid over a five-year term. The sale is contingent on Broadcom closing its acquisition of Brocade, previously announced on November 2, 2016 and approved by Brocade shareholders on January 26, 2017. Broadcom presently expects to close the Brocade acquisition in its third fiscal quarter ending July 30, 2017.

See also