NetLogic Microsystems, Inc. was a fabless semiconductor company that developed high performance products for data center, enterprise, wireless and wireline infrastructure networks. The company was founded in 1995 by Norman Godinho and Varad Srinivasan, became a public company on the NASDAQ exchange (ticker symbol: NETL) under the leadership of CEO Ronald Jankov in July 2004 and was acquired by Broadcom Corporation for $3.7 billion in February 2012.[1]
It was in October 2007 that NetLogic Microsystems, Inc. signed a definitive agreement to acquire the privately held Aeluros, Inc., which created interface technologies and semiconductor products.[4] In December 2010 NetLogic began using an implementation system developed by Magma Design Automation Inc, which created chip design software.[5]
In 2011, NetLogic acquired Optichron for $22 million.[6] From its IPO in 2004 through 2011, NetLogic grew at an annual rate of 39%, which was four to five times the average growth rate of semiconductor companies during that period. The company also enjoyed healthy profits, with gross profits in excess of 70% and net income in excess of 25% in 2011. NetLogic was one of the semiconductor industry's most innovative companies, having been granted more than 800 patents. The Global Semiconductor Alliance named NetLogic the Most Respected Emerging Public Semiconductor Company for three consecutive years, from 2009 to 2011.[7]
On September 12, 2011, Broadcom Corporation agreed to buy NetLogic for $3.7 billion in cash.[8] It was a 57% premium to NetLogic's closing price on September 9, 2011.[9] NetLogic shareholders received $50 a share.[10] It was Broadcom’s largest acquisition and its first acquisition of a publicly-traded company. The acquisition closed in February 2012.[11] According to the publication SlashGear, Broadcom hoped to boost its chipset division with the acquisition of NetLogic.[12]
NetLogic was headquartered in Santa Clara, California, hired approximately 800 employees worldwide, and reported revenue of $405.4 million for its fiscal year 2012, its last fiscal year as a standalone company.
Referencesedit
^"Chipmaker Broadcom to buy NetLogic for $3.7 billion". Reuters. 2016-09-12. Retrieved 2017-01-04.
^"NetLogic-RMI to intensify multicore battle". eetimes.com. 2009-02-07. Retrieved 2023-12-20.
^"NetLogic Microsystems to Acquire Aeluros, Inc., a Leading Provider of Low-Power 10-Gigabit Interface Technologies and Products". www.businesswire.com. October 24, 2007.
^"NetLogic Microsystems Selects Magma's Talus IC Implementation System for Next-Generation 28-nm Knowledge-based Processor and Physical Layer Products". www.nbcnews.com. December 7, 2010.
^"NetLogic Microsystems Acquires Optichron for $220,000,000". www.xconomy.com. March 21, 2011.
^"Broadcom buys NetLogic to boost chipset prowess". www.slashgear.com. September 12, 2011.
External linksedit
Official website
January 01, 1970
netlogic, microsystems, fabless, semiconductor, company, that, developed, high, performance, products, data, center, enterprise, wireless, wireline, infrastructure, networks, company, founded, 1995, norman, godinho, varad, srinivasan, became, public, company, . NetLogic Microsystems Inc was a fabless semiconductor company that developed high performance products for data center enterprise wireless and wireline infrastructure networks The company was founded in 1995 by Norman Godinho and Varad Srinivasan became a public company on the NASDAQ exchange ticker symbol NETL under the leadership of CEO Ronald Jankov in July 2004 and was acquired by Broadcom Corporation for 3 7 billion in February 2012 1 NetLogic Microsystems Inc Company typeSubsidiaryTraded asNasdaq NETLIndustrySemiconductorsElectronicsFounded1 January 1995 HeadquartersUnited States ParentBroadcom Integrated circuit XLR516 designed by NetLogic Contents 1 Products 2 History 3 References 4 External linksProducts editNetLogic s product portfolio included knowledge based processors multi core processors 2 content processors network search engines high speed 10 and 40 Gigabit Ethernet PHYs 3 wireless base station digital front end PHYs and low power embedded processors Its global customer base included Alcatel Lucent Cisco Systems Dell Ericsson Google Hewlett Packard Huawei Technologies Juniper Networks and Nokia Siemens History editIt was in October 2007 that NetLogic Microsystems Inc signed a definitive agreement to acquire the privately held Aeluros Inc which created interface technologies and semiconductor products 4 In December 2010 NetLogic began using an implementation system developed by Magma Design Automation Inc which created chip design software 5 In 2011 NetLogic acquired Optichron for 22 million 6 From its IPO in 2004 through 2011 NetLogic grew at an annual rate of 39 which was four to five times the average growth rate of semiconductor companies during that period The company also enjoyed healthy profits with gross profits in excess of 70 and net income in excess of 25 in 2011 NetLogic was one of the semiconductor industry s most innovative companies having been granted more than 800 patents The Global Semiconductor Alliance named NetLogic the Most Respected Emerging Public Semiconductor Company for three consecutive years from 2009 to 2011 7 On September 12 2011 Broadcom Corporation agreed to buy NetLogic for 3 7 billion in cash 8 It was a 57 premium to NetLogic s closing price on September 9 2011 9 NetLogic shareholders received 50 a share 10 It was Broadcom s largest acquisition and its first acquisition of a publicly traded company The acquisition closed in February 2012 11 According to the publication SlashGear Broadcom hoped to boost its chipset division with the acquisition of NetLogic 12 NetLogic was headquartered in Santa Clara California hired approximately 800 employees worldwide and reported revenue of 405 4 million for its fiscal year 2012 its last fiscal year as a standalone company References edit Chipmaker Broadcom to buy NetLogic for 3 7 billion Reuters 2016 09 12 Retrieved 2017 01 04 NetLogic Microsystems Introduces Best in Class XLP Multi Core Security Processor with Integrated NETL7 Knowledge based Processor businesswire com 2011 02 15 Retrieved 2023 12 20 NetLogic RMI to intensify multicore battle eetimes com 2009 02 07 Retrieved 2023 12 20 NetLogic Microsystems to Acquire Aeluros Inc a Leading Provider of Low Power 10 Gigabit Interface Technologies and Products www businesswire com October 24 2007 NetLogic Microsystems Selects Magma s Talus IC Implementation System for Next Generation 28 nm Knowledge based Processor and Physical Layer Products www nbcnews com December 7 2010 NetLogic Microsystems Acquires Optichron for 220 000 000 www xconomy com March 21 2011 GSA Awards Past Winners Chipmaker Broadcom to buy NetLogic for 3 7 billion Reuters 2016 09 12 Retrieved 2017 01 04 Broadcom to Pay 3 7 Billion to Acquire NetLogic Microsystems www wsj com September 13 2011 Broadcom to Acquire NetLogic Microsystems for 3 7 Billion www bloomberg com September 12 2011 Corporate Broadcom Corporation BRCM Broadcom Completes Acquisition of NetLogic Microsystems Inc www prnewswire com Retrieved 2017 01 04 a href Template Cite web html title Template Cite web cite web a CS1 maint multiple names authors list link Broadcom buys NetLogic to boost chipset prowess www slashgear com September 12 2011 External links editOfficial website Retrieved from https en wikipedia org w index php title NetLogic Microsystems amp oldid 1190910152, wikipedia, wiki, book, books, library,
