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What happened to Broadcom?

What happened to Broadcom?

Broadcom Corporation is an American fabless semiconductor company that makes products for the wireless and broadband communication industry. It was acquired by Avago Technologies in 2016 and currently operates as a wholly owned subsidiary of the merged entity Broadcom Inc.

How often does Broadcom pay dividends?

Dividend Summary There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 7.2.

Why is Broadcom ticker Avgo?

Avago Technologies Limited took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity.

Why is Broadcom stock falling?

Slowing Growth Broadcom’s poor stock performance comes as the company faces slowing earnings growth in fiscal 2019. Analysts are looking for revenue growth in 2019 to slow to just 3%, down from over 17.6% this year.

Who bought out Broadcom?

Avago Technologies
Avago Technologies to Acquire Broadcom for $37 Billion | Broadcom Inc.

Did Broadcom split?

IRVINE, Calif. — Broadcom Corporation (Nasdaq: BRCM) today announced that its Board of Directors has approved a 3-for-2 split of its common stock, which will be effected in the form of a 50 percent stock dividend.

Is AVGO stock a buy?

AVGO is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. AVGO has a Growth Style Score of A, forecasting year-over-year earnings growth of 26.7% for the current fiscal year.

Does Intel own Broadcom?

Intel is all set to acquire Broadcom in order to prevent the American Semiconductor manufacture from getting into a merger deal with Qualcomm- all a part of a defensive strategy to prevent the creation of a powerhouse competitor.

Who are Broadcom competitors?

Competitors and Alternatives to Broadcom

  • Cisco.
  • SolarWinds.
  • Nagios.
  • Splunk.
  • Riverbed.
  • Dynatrace.
  • Microsoft.

Who acquired Broadcom?

Is Broadcom Chinese?

Broadcom, however, is Singaporean, not Chinese. In fact, “Broadcom” was once an American company—a California-based semiconductor maker, which Sinapore’s Avago Technology announced it would acquire for $37 billion in 2015.