Broadcom buys Sightic Vista for $10-20m
Saturday, December 4th, 2010The mobile image processing company is Broadcom’s seventh acquisition in Israel.
Sources inform ”Globes” that semiconductor giant Broadcom Inc. (Nasdaq: BRCM) made its seventh acquisition in Israel a few days ago, acquiring image processing company Sightic Vista Ltd. The acquisition was reportedly for $10-20 million, less than Broadcom normally spends and below the threshold requiring notification.
Broadcom confirmed the acquisition, but declined to provide additional details. Sightic declined to comment.