Tech Company M&A Transactions
Beceem Communications Acquisition
Operating out of Santa Clara, Beceem Communications was acquired by Broadcom. Broadcom said the transaction price was $316 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/13/2010
Transaction Type
M&A
Amount
$316,000,000
M&A Terms
In connection with the acquisition, Broadcom expects to pay approximately $316 million in cash, net of cash assumed, to acquire all of the outstanding shares of capital stock and other equity rights of Beceem.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
3960 Freedom Cir. First Fl. 1
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Beceem Communications Inc. was founded in October 2003 with the goal of building a wireless technology company offering semiconductor solutions for the wireless broadband market. Beceem is the leading supplier of chipsets for the recently ratified, IEEE 802.16e standard on which Mobile WiMAX is based.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Shahin Hedayat
Chief Executive Officer
Babu Mandava
Chief Technical Officer
Arogyaswami Paulraj
VP - Bus. Development
Lars Johnsson
VP - Sales
David Carroll
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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