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BROADCOM BUYS BROADLIGHT FOR $230M

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Wednesday, April 4th, 2012

US chipmaker Broadcom recently announced the purchase of Israeli processors developer BroadLight for $230m.  BroadLight produced semiconductors and software for fiber-to-the-premises broadband access networks.  This is Broadcom’s tenth acquisition in Israel, including  Provigent, which it bought last year for $313 million.