IDG News Service - Broadcom has agreed to acquire Beceem Communications, a maker of chips for 4G LTE and WiMax devices, for $316 million in cash.
The acquisition is a logical one for Broadcom, a major vendor of chips for many wired and wireless technologies, including Wi-Fi, GPS (Global Positioning System) and 3G (third-generation) mobile data. Broadcom said adding Beceem's engineering team and technology will help it get 4G chips to market sooner.
The proposed deal has been approved by the boards of both companies but is subject to regulatory and other closing conditions. Broadcom expects the acquisition of Beceem, a privately held company, to close in either the fourth quarter of this year or the first quarter of next year.
Beceem has products both for WiMax, the first 4G mobile system commercially deployed, and for LTE (Long-Term Evolution), the choice of a growing number of mobile operators that are preparing to launch 4G services. Earlier this year it announced a chip that integrates both WiMax and LTE, saying it would go into mass production in the second quarter of next year. Dual-mode 4G components may be critical for service providers that are deploying WiMax today but decide later to follow the tide toward LTE. Even Clearwire, which is building a national WiMax network around the U.S., has said it plans trials of LTE. Beceem is set to participate in those trials.
As much as 2010 has been a year of 4G, it has also been a year of acquisitions. Intel, which competes with Broadcom in the mobile arena, announced in August it would acquire the wireless division of chipmaker Infineon Technologies for $1.4 billion. That deal is expected to help Intel in the smartphone and tablet market while combining Intel's own 4G technology with Infineon's 3G products.
- 15 Non-Certified IT Skills Growing in Demand
- How 19 Tech Titans Target Healthcare
- Twitter Suffering From Growing Pains (and Facebook Comparisons)
- Agile Comes to Data Integration
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
- 4 Customers who never have to refresh their PCs again This paper illustrates a common theme: the combination of desktop virtualization and thin client computing helps organizations deliver an up-to-date user experience more...
- Mobile Devices: The New Thin Clients Get essential guidance for understanding the role thin clients plus virtual desktops play in the enterprise today.
- Taking Windows Mobile on Any Device Taking Windows applications mobile has many advantages, but the process of identifying a solution is complex. Learn how to solve this complex problem...
- PaaS - Powering a New Era of Business IT Why PaaS has suddenly become relevant and irresistible to many organizations. Dive into the opportunities and considerations associated with using PaaS from an...
- Redefine Your IT Operations: Remote Office IT Has Never Been Simpler Join us to see why PC Pro named Dell PowerEdge VRTX the "2013 Server of the Year." PowerEdge VRTX may be just what...
- Meg Whitman presents Unlocking IT with Big Data During this Web Event you will hear Meg Whitman, President and CEO, HP discuss HAVEn - the #1 Big Data platform, as well... All Hardware White Papers | Webcasts