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US SILICON VENDOR BROADCOM BUYS ISRAEL’S PERCELLO FOR $86 MLN

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Thursday, November 4th, 2010

Broadcom Corporation, a global leader in semiconductors for wired and
wireless communications, is acquiring Percello Ltd., a developer of
system-on-a-chip (SoC) solutions for femtocells.
Femtocells are small, low power cellular base stations used in
residential and enterprise business settings that communicate with a
service provider’s network through a broadband connection and extend
coverage indoors where signals are weak.
“The femtocell market has turned the corner in 2010 with more than 1
million femtocells global shipments expected by conservative estimates
this year. By 2015 we see more than 50 million femtocells being
shipped annually with WCDMA femtocells making up the bulk of the
market,” Aditya Kaul, of Mobile Networks, ABI Research, said.
Founded in 2007, Percello provides innovative and customized
solutions that address the key business and technological challenges of
equipment vendors in the emerging Femtocell market.
Broadcom, headquartered in Irvine, California, is one of the world’s
largest fabless communications semiconductor companies, and
addresses both wired and wireless transmission of voice, video, data
and multimedia. In 2009 it boasted revenue of $4.49 billion.