Broadcom to Acquire NetLogic Microsystems, Inc., A Leader in Network Communications Processors

IRVINE, Calif. & SANTA CLARA, Calif.--(BUSINESS WIRE)--Broadcom Corporation (Nasdaq:BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, and NetLogic Microsystems, Inc. (Nasdaq:NETL), a leader in high performance intelligent semiconductor solutions for next generation networks, today announced they have entered into a definitive merger agreement. Under the agreement, NetLogic Microsystems shareholders will receive $50 per share in a transaction of approximately $3.7 billion, net of cash assumed.