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Broadcom buys Sightic Vista for $10-20m

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Saturday, December 4th, 2010

As reported by IVC:

The 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.