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BROADCOM BUYS ISRAELI SECURITY SOFTWARE DEVELOPER SC SQUARE

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Monday, June 6th, 2011

“With SC Square Ltd., Broadcom is acquiring an expert team of engineers focused on security” – BroadcomConsumer device chip maker Broadcom has acquired Tel Aviv-based security software maker SC Square for $42 million.

SC Square is Broadcom’s ninth acquisition in Israel. Since October 2010, the company acquired semiconductor developer Provigent for $340 million in March 2011, image processing company Sightic Vista for $15 million in November 2010, and Percello Ltd. for about $98 million in October 2010.

Broadcom employs hundreds of Israeli employees in eight centers around the country in Airport City, Herzliyah, Netanya, Or Yehuda, Park Yakum, Ra’anana, Ramat Gan and Tel Aviv. Broadcom provides system-on-a-chip and embedded software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices.