MaxLinear Completes Acquisition Of Broadcom Unit

Carlsbad-based MaxLinear announced late Friday that it has completed its acquisition of Irvine-based Broadcom's wireless infrastructure backhaul business. The deal was worth $80M in cash, and had been announced earlier in the year. The company said the acquisition will help it expand into the wireless infrastructure market. MaxLinear is a provider of radio frequency and mixed signal integrated circuits, used across a wide range of communications markets. The deal had originally been announced in May.