Friday, April 6, 2012
Broadcom Completes BroadLight Acquisition
Irvine-based Broadcom said late Thursday that it has completed its acquisition of BroadLight, the developer of networking and fiber access passive optical network (PON) processors. Broadcom said the deal was worth approximately $195M net of cash assumed. The deal had originally been announced on March 21st. Broadcom said it is using the acquisition to expand its broadband access product line, so that it can now offer and end-to-end GPON (Gigabit Passive Optical Network) solution for its customers.