Broadcom Corporation is a leading semiconductor company in the wireless and broadband communication business. The company is headquarted in Irvine, California, USA. Broadcom was founded by a professor student pair Henry Samueli and Henry Nicholas from University of California, Los Angeles (UCLA)at Los Angeles, California in 1991. The company was moved to Irvine, California three years later.[2] In 1998, Broadcom became a public company and now employs over 9,050 people worldwide.
Broadcom is among the Worldwide Top 20 Semiconductor Sales Leaders. In 2010, Broadcom’s total revenue was $6.82 billion.
Broadcom Corporation (Broadcom), incorporated in August 1991, is a provider of semiconductor for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. The Company provides a range of system-on-a-chip (SoC), and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. Its product portfolio includes broadband communications, mobile and wireless, and infrastructure and networking. It sells its products to wired and wireless communications manufacturers. With multiservice operators it provides wired and wireless communications services to consumers and businesses. Customers shipping wired and/or wireless communications equipment and devices incorporating its products include Alcatel, Apple, Cisco, Dell, EchoStar, Hewlett-Packard and Huawei Technologies. In November 2010, the Company completed the acquisition of Percello Ltd. (Percello), a company that develops femtocell SoC solutions. In November 2010, the Company completed the acquisition of Beceem Communications, Inc. (Beceem), a company that develops SoC solutions for long term evolution (LTE) and Worldwide Interoperability for Microwave Access, Inc. (WiMAX) fourth generation (4G). In December 2010, the Company completed the acquisition of Gigle Networks Inc. (Gigle), a company that develops SoC solutions for home networking over power lines. In April 2011, the Company acquired Provigent Inc.
Broadband Communications
The Company offers and manufacturers a range of broadband communications and consumer electronics SoC solutions that enable voice, video, data and multimedia services over wired and wireless networks for the home. Broadcom offers modems and end-to-end broadband solutions to provide data, voice and video services over cable television networks, digital subscriber line (DSL) technologies and gigabit passive optical networks (GPON) to and throughout the home.
The Company offers a digital cable-television silicon platform, comprehensive direct broadcast satellite (DBS) solutions and a range of advanced SoC solutions for the Internet protocol (IP) Surface Transportation Board (STB) market. Broadcom also provides IP SoC solutions that include three dimension (3D) capable, video decoder/audio processor chips and a dual channel high definition and digital video recorder chip. The Company has also developed (DBS) solutions that include end-to-end chipset for receiving and displaying content, and satellite system solution that enables DBS providers to provide Internet access through satellite by combining the functionality of a satellite modem, a firewall router and home networking into a single chip.
The Company offers turnkey digital television-on-a-chip solution and associated software to enable digital-to-analog converter boxes. It also offers a complete product line that covers all digital television (DTV) markets, including a turnkey platform that allows television manufacturers to include over-the-top applications, Internet connectivity and customize both hardware and software designs for differentiating products based on the user interface and visual look-and-feel. In addition, it offers a DTV SoC solution that, when combined with its existing satellite, cable or terrestrial demodulators, forms a platform for the delivery of high definition (HD) DTV. Its Blu-ray Disc SoC provides integrated security features that enable manufacturers to offer Internet applications and streaming media playback. Its reference design for the development of Blu-ray Disc media players includes HD audio/video decoder chip, as well as an HD digital video system chip and a software platform that provides its customers with a range of integration options, including playback in 3D, picture-in-picture video support, HD multi-channel audio, and world class BD-Java performance for full support of BD-Live functionality.
Mobile & Wireless
Broadcom’s mobile and wireless reportable segment offers products supporting a broad range of portable devices that enable end-to-end wireless connectivity at home, at work and on-the-go. Products in this area include solutions in wireless local area networking, personal area networking, location technologies, and a comprehensive range of mobile technologies. Its portfolio of mobile and wireless products enable a broad range of portable devices including cellular handsets, personal navigation devices, tablets, PCs, wireless home routers and gateways, portable media players, gaming platforms and other wireless-enabled consumer electronics and peripherals. It offers a range of wireless fidelity (Wi-Fi) chipsets.
The Company supports Wi-Fi direct across its product portfolio, allowing communication between devices without having to interact with an access point. It offers a range of Bluetooth silicon and software solutions for mobile phones, personal computers (PCs), wireless headphones and headsets, HD televisions, peripherals, gaming and other applications. It has developed a range of combination chip solutions that integrate multiple discrete wireless technologies into a single-chip solution. It also offers a combo chip solution that combines Bluetooth, global positioning system (GPS) and a frequency modulation (FM) receiver.
Broadcom offers standalone GPS and assisted-global positioning system (A-GPS) semiconductor products, software and data services. It also maintains a global GPS reference network that provides assistance data to A-GPS-equipped chips through wireless transport, including cellular data channels and Wi-Fi. Broadcom offers VideoCore line of video and multimedia processors. Its family of mobile application processors enables a range of multimedia features, including support for high megapixel digital cameras, HD video encoding and decoding, and television signal output.
The Company’s voice-over Internet protocol (VoIP) phone silicon and software solutions integrate packet processing, voice processing and switching technologies. Its portfolio also features terminal adapter VoIP solutions that enable existing analog phones to be connected to broadband modems through Ethernet. These products support residential VoIP services that are offered by a range of broadband service providers. Broadcom has developed near field communications (NFC) tag solutions for original equipment manufacturers (OEMs) to implement NFC consumer device applications in their products.
Infrastructure & Networking
Through the Company’s Infrastructure & Networking reportable segment, it designs and develops silicon and software infrastructure solutions for service providers, data centers, and enterprise and small-to-medium business networks. It offers a range of Ethernet switching products ranging from low cost five port switch chips to complete solutions that can be used to build systems in excess of 10 terabits of switching capacity in a single chassis. Its service provider switch portfolio enables carrier/service provider networks to support a range of services in the wireless backhaul, access, aggregation and core of their networks. Its data center portfolio provides switching silicon that supports advanced protocols around virtualization and multi-pathing. In addition, its software applications networking and development (SAND) Ethernet switching fabric technologies provide the ability to build flat networks supporting tens of thousands of servers. Its family of server message block (SMB) Ethernet switch products supports power modes. It also offers a range of Layer-II managed switches designed for the service provider market in Asia to deliver multimedia to densely populated residential and commercial buildings.
The Company’s Ethernet transceivers are built upon a digital signal processing (DSP) communication architecture for connections and support features, such as data encryption and time synchronization at one or 10 gigabits per second. Its family of Ethernet controllers offers solutions for servers, workstations, and desktop and notebook computers, supporting multiple generations of Ethernet technology. Gigabit and 10 Gigabit Ethernet controllers deliver dual-port, single-chip converged network interface card (C-NIC) at one gigabit per second or 10 giga-bits per seconds rates, without requiring external packet memory.
The Company offers a range of 10G and 40G Ethernet transceivers, forward error correction solutions, and chips for backplanes and optical interconnect. It also offers 2.5G and 10G synchronous optical network (SONET)/ synchronous digital hierarchy (SDH)/ optical transport network (OTN) transceivers. It offers silicon devices for the local area network (LAN), wide area network (WAN) and personal computer (PC) markets that allow its customers to semi-customize by integrating their own intellectual property.
roadcom's stock surging in November 1999. With its stock price rising over $200 a share, the company's market capitalization was approaching $22 billion. The rise came in anticipation of a stock split, which often precedes a run-up in a company's stock price. By January 2000, the stock was trading at more than $300 a share. A two-for-one split was subsequently announced for February 11.
At the end of 1999 Henry Samueli, together with his wife Susan, donated $20 million to the University of California-Irvine's engineering program and $30 million to the engineering program at University of California-Los Angeles (UCLA).
Broadcom continued acquiring companies in 2000. In January it acquired BlueSteel Networks Inc., a maker of chips that scramble and unscramble data sent over the Internet, for $123 million in stock at the stock's closing price of $328.50. BlueSteel's high-performance security processors protected Internet transmissions from hackers. Broadcom noted a growing trend to include security in every application across networks, especially for consumers who wanted to participate in areas such as electronic commerce and home banking.
In March Broadcom acquired Digital Furnace Corp., an Atlanta, Georgia-based developer of software that increased the flow of information over cable lines, for about $136 million in stock. Digital Furnace's software compressed data sent over cable lines, thus tripling the capacity of cable networks equipped with Broadcom's high-speed communication chips. That same month Broadcom acquired Stellar Semiconductor for about $162 million. Stellar was a Silicon Valley designer of 3D video chips. Its cable modem chips could accelerate 3D graphics by reducing the amount of data and time it took cable TV set-top boxes to display three-dimensional pictures on TV screens.
Following the February stock split, Broadcom's stock continued to soar, reaching nearly $250 a share. The company's market capitalization was more than $50 billion. As a result of its acquisitions in 1999, Broadcom reported revenues of $518.2 million that year, nearly two-and-a-half times 1998 revenue; net income reached $83.3 million, more than three times 1998's net income. Broadcom continued to be popular with investors and was positioned as a supplier of high-speed chips to the growing communications industry.
Principal Competitors: LSI Logic Corporation; VLSI Technology Inc.; Advanced Micro Devices, Inc.; AT & T; Motorola Inc.; National Semiconductor Corporation; Hughes Electronics Corporation; Raytheon Company; Texas Instruments Inc.; Intel Corporation; Conexant Systems Inc.
OVERALL
Beta: 1.29
Market Cap (Mil.): $18,635.18
Shares Outstanding (Mil.): 536.00
Annual Dividend: 0.36
Yield (%): 1.02
FINANCIALS
BRCM.O Industry Sector
P/E (TTM): 17.75 9.73 19.30
EPS (TTM): 183.12 -- --
ROI: 20.37 5.67 16.19
ROE: 22.30 5.96 17.86
Statistics:
Public Company
Incorporated: 1991
Employees: 500
Sales: $518.2 million (1999)
Stock Exchanges: NASDAQ
Ticker Symbol: BRCM
NAIC: 334413 Semiconductor and Related Device Manufacturing; 334419 Other Electronic Component Manufacturing
Dates:
1991: Company is founded by Henry T. Nicholas III, Ph.D., and Henry Samueli, Ph.D.
1993: Wins contract to supply Scientific-Atlanta with chip sets for cable TV set-top boxes.
1997: Named 'Best Private Company' by Red Herring magazine.
1998: Company goes public at $24 a share.
2000: Company's market capitalization exceeds $50 billion.
Name Age Since Current Position
Major, John 65 2008 Chairman of the Board, Lead Independent Director
McGregor, Scott 54 2005 President, Chief Executive Officer, Director
Brandt, Eric 48 2010 Chief Financial Officer, Executive Vice President
Chong, Arthur 57 2010 Executive Vice President, General Counsel, Secretary
Ramaswami, Rajiv 45 2010 Executive Vice President & Managing Director - Enterprise Networking Group
Lagatta, Thomas 53 2010 Executive Vice President - Worldwide Sales
Marotta, Daniel 50 2010 Executive Vice President & General Manager - Broadband Communications Group
Rango, Robert 53 2011 Executive Vice President & General Manager, Mobile & Wireless Group
Kim, Neil 52 2010 Executive Vice President - Operations and Central Engineering
Tirva, Robert 44 2010 Senior Vice President, Principal Accounting Officer, Corporate Controller
Samueli, Henry 56 2011 Director
Switz, Robert 64 2003 Independent Director
Handel, Nancy 59 2005 Independent Director
Hartenstein, Eddy 60 2008 Independent Director
Morrow, William 51 2008 Independent Director
Amble, Joan 57 2009 Independent Director
Swainson, John 56 2010 Independent Director
Address:
16215 Alton Parkway
P.O. Box 57013
Irvine, California 92619-7013
U.S.A.
Broadcom is among the Worldwide Top 20 Semiconductor Sales Leaders. In 2010, Broadcom’s total revenue was $6.82 billion.
Broadcom Corporation (Broadcom), incorporated in August 1991, is a provider of semiconductor for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. The Company provides a range of system-on-a-chip (SoC), and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. Its product portfolio includes broadband communications, mobile and wireless, and infrastructure and networking. It sells its products to wired and wireless communications manufacturers. With multiservice operators it provides wired and wireless communications services to consumers and businesses. Customers shipping wired and/or wireless communications equipment and devices incorporating its products include Alcatel, Apple, Cisco, Dell, EchoStar, Hewlett-Packard and Huawei Technologies. In November 2010, the Company completed the acquisition of Percello Ltd. (Percello), a company that develops femtocell SoC solutions. In November 2010, the Company completed the acquisition of Beceem Communications, Inc. (Beceem), a company that develops SoC solutions for long term evolution (LTE) and Worldwide Interoperability for Microwave Access, Inc. (WiMAX) fourth generation (4G). In December 2010, the Company completed the acquisition of Gigle Networks Inc. (Gigle), a company that develops SoC solutions for home networking over power lines. In April 2011, the Company acquired Provigent Inc.
Broadband Communications
The Company offers and manufacturers a range of broadband communications and consumer electronics SoC solutions that enable voice, video, data and multimedia services over wired and wireless networks for the home. Broadcom offers modems and end-to-end broadband solutions to provide data, voice and video services over cable television networks, digital subscriber line (DSL) technologies and gigabit passive optical networks (GPON) to and throughout the home.
The Company offers a digital cable-television silicon platform, comprehensive direct broadcast satellite (DBS) solutions and a range of advanced SoC solutions for the Internet protocol (IP) Surface Transportation Board (STB) market. Broadcom also provides IP SoC solutions that include three dimension (3D) capable, video decoder/audio processor chips and a dual channel high definition and digital video recorder chip. The Company has also developed (DBS) solutions that include end-to-end chipset for receiving and displaying content, and satellite system solution that enables DBS providers to provide Internet access through satellite by combining the functionality of a satellite modem, a firewall router and home networking into a single chip.
The Company offers turnkey digital television-on-a-chip solution and associated software to enable digital-to-analog converter boxes. It also offers a complete product line that covers all digital television (DTV) markets, including a turnkey platform that allows television manufacturers to include over-the-top applications, Internet connectivity and customize both hardware and software designs for differentiating products based on the user interface and visual look-and-feel. In addition, it offers a DTV SoC solution that, when combined with its existing satellite, cable or terrestrial demodulators, forms a platform for the delivery of high definition (HD) DTV. Its Blu-ray Disc SoC provides integrated security features that enable manufacturers to offer Internet applications and streaming media playback. Its reference design for the development of Blu-ray Disc media players includes HD audio/video decoder chip, as well as an HD digital video system chip and a software platform that provides its customers with a range of integration options, including playback in 3D, picture-in-picture video support, HD multi-channel audio, and world class BD-Java performance for full support of BD-Live functionality.
Mobile & Wireless
Broadcom’s mobile and wireless reportable segment offers products supporting a broad range of portable devices that enable end-to-end wireless connectivity at home, at work and on-the-go. Products in this area include solutions in wireless local area networking, personal area networking, location technologies, and a comprehensive range of mobile technologies. Its portfolio of mobile and wireless products enable a broad range of portable devices including cellular handsets, personal navigation devices, tablets, PCs, wireless home routers and gateways, portable media players, gaming platforms and other wireless-enabled consumer electronics and peripherals. It offers a range of wireless fidelity (Wi-Fi) chipsets.
The Company supports Wi-Fi direct across its product portfolio, allowing communication between devices without having to interact with an access point. It offers a range of Bluetooth silicon and software solutions for mobile phones, personal computers (PCs), wireless headphones and headsets, HD televisions, peripherals, gaming and other applications. It has developed a range of combination chip solutions that integrate multiple discrete wireless technologies into a single-chip solution. It also offers a combo chip solution that combines Bluetooth, global positioning system (GPS) and a frequency modulation (FM) receiver.
Broadcom offers standalone GPS and assisted-global positioning system (A-GPS) semiconductor products, software and data services. It also maintains a global GPS reference network that provides assistance data to A-GPS-equipped chips through wireless transport, including cellular data channels and Wi-Fi. Broadcom offers VideoCore line of video and multimedia processors. Its family of mobile application processors enables a range of multimedia features, including support for high megapixel digital cameras, HD video encoding and decoding, and television signal output.
The Company’s voice-over Internet protocol (VoIP) phone silicon and software solutions integrate packet processing, voice processing and switching technologies. Its portfolio also features terminal adapter VoIP solutions that enable existing analog phones to be connected to broadband modems through Ethernet. These products support residential VoIP services that are offered by a range of broadband service providers. Broadcom has developed near field communications (NFC) tag solutions for original equipment manufacturers (OEMs) to implement NFC consumer device applications in their products.
Infrastructure & Networking
Through the Company’s Infrastructure & Networking reportable segment, it designs and develops silicon and software infrastructure solutions for service providers, data centers, and enterprise and small-to-medium business networks. It offers a range of Ethernet switching products ranging from low cost five port switch chips to complete solutions that can be used to build systems in excess of 10 terabits of switching capacity in a single chassis. Its service provider switch portfolio enables carrier/service provider networks to support a range of services in the wireless backhaul, access, aggregation and core of their networks. Its data center portfolio provides switching silicon that supports advanced protocols around virtualization and multi-pathing. In addition, its software applications networking and development (SAND) Ethernet switching fabric technologies provide the ability to build flat networks supporting tens of thousands of servers. Its family of server message block (SMB) Ethernet switch products supports power modes. It also offers a range of Layer-II managed switches designed for the service provider market in Asia to deliver multimedia to densely populated residential and commercial buildings.
The Company’s Ethernet transceivers are built upon a digital signal processing (DSP) communication architecture for connections and support features, such as data encryption and time synchronization at one or 10 gigabits per second. Its family of Ethernet controllers offers solutions for servers, workstations, and desktop and notebook computers, supporting multiple generations of Ethernet technology. Gigabit and 10 Gigabit Ethernet controllers deliver dual-port, single-chip converged network interface card (C-NIC) at one gigabit per second or 10 giga-bits per seconds rates, without requiring external packet memory.
The Company offers a range of 10G and 40G Ethernet transceivers, forward error correction solutions, and chips for backplanes and optical interconnect. It also offers 2.5G and 10G synchronous optical network (SONET)/ synchronous digital hierarchy (SDH)/ optical transport network (OTN) transceivers. It offers silicon devices for the local area network (LAN), wide area network (WAN) and personal computer (PC) markets that allow its customers to semi-customize by integrating their own intellectual property.
roadcom's stock surging in November 1999. With its stock price rising over $200 a share, the company's market capitalization was approaching $22 billion. The rise came in anticipation of a stock split, which often precedes a run-up in a company's stock price. By January 2000, the stock was trading at more than $300 a share. A two-for-one split was subsequently announced for February 11.
At the end of 1999 Henry Samueli, together with his wife Susan, donated $20 million to the University of California-Irvine's engineering program and $30 million to the engineering program at University of California-Los Angeles (UCLA).
Broadcom continued acquiring companies in 2000. In January it acquired BlueSteel Networks Inc., a maker of chips that scramble and unscramble data sent over the Internet, for $123 million in stock at the stock's closing price of $328.50. BlueSteel's high-performance security processors protected Internet transmissions from hackers. Broadcom noted a growing trend to include security in every application across networks, especially for consumers who wanted to participate in areas such as electronic commerce and home banking.
In March Broadcom acquired Digital Furnace Corp., an Atlanta, Georgia-based developer of software that increased the flow of information over cable lines, for about $136 million in stock. Digital Furnace's software compressed data sent over cable lines, thus tripling the capacity of cable networks equipped with Broadcom's high-speed communication chips. That same month Broadcom acquired Stellar Semiconductor for about $162 million. Stellar was a Silicon Valley designer of 3D video chips. Its cable modem chips could accelerate 3D graphics by reducing the amount of data and time it took cable TV set-top boxes to display three-dimensional pictures on TV screens.
Following the February stock split, Broadcom's stock continued to soar, reaching nearly $250 a share. The company's market capitalization was more than $50 billion. As a result of its acquisitions in 1999, Broadcom reported revenues of $518.2 million that year, nearly two-and-a-half times 1998 revenue; net income reached $83.3 million, more than three times 1998's net income. Broadcom continued to be popular with investors and was positioned as a supplier of high-speed chips to the growing communications industry.
Principal Competitors: LSI Logic Corporation; VLSI Technology Inc.; Advanced Micro Devices, Inc.; AT & T; Motorola Inc.; National Semiconductor Corporation; Hughes Electronics Corporation; Raytheon Company; Texas Instruments Inc.; Intel Corporation; Conexant Systems Inc.
OVERALL
Beta: 1.29
Market Cap (Mil.): $18,635.18
Shares Outstanding (Mil.): 536.00
Annual Dividend: 0.36
Yield (%): 1.02
FINANCIALS
BRCM.O Industry Sector
P/E (TTM): 17.75 9.73 19.30
EPS (TTM): 183.12 -- --
ROI: 20.37 5.67 16.19
ROE: 22.30 5.96 17.86
Statistics:
Public Company
Incorporated: 1991
Employees: 500
Sales: $518.2 million (1999)
Stock Exchanges: NASDAQ
Ticker Symbol: BRCM
NAIC: 334413 Semiconductor and Related Device Manufacturing; 334419 Other Electronic Component Manufacturing
Dates:
1991: Company is founded by Henry T. Nicholas III, Ph.D., and Henry Samueli, Ph.D.
1993: Wins contract to supply Scientific-Atlanta with chip sets for cable TV set-top boxes.
1997: Named 'Best Private Company' by Red Herring magazine.
1998: Company goes public at $24 a share.
2000: Company's market capitalization exceeds $50 billion.
Name Age Since Current Position
Major, John 65 2008 Chairman of the Board, Lead Independent Director
McGregor, Scott 54 2005 President, Chief Executive Officer, Director
Brandt, Eric 48 2010 Chief Financial Officer, Executive Vice President
Chong, Arthur 57 2010 Executive Vice President, General Counsel, Secretary
Ramaswami, Rajiv 45 2010 Executive Vice President & Managing Director - Enterprise Networking Group
Lagatta, Thomas 53 2010 Executive Vice President - Worldwide Sales
Marotta, Daniel 50 2010 Executive Vice President & General Manager - Broadband Communications Group
Rango, Robert 53 2011 Executive Vice President & General Manager, Mobile & Wireless Group
Kim, Neil 52 2010 Executive Vice President - Operations and Central Engineering
Tirva, Robert 44 2010 Senior Vice President, Principal Accounting Officer, Corporate Controller
Samueli, Henry 56 2011 Director
Switz, Robert 64 2003 Independent Director
Handel, Nancy 59 2005 Independent Director
Hartenstein, Eddy 60 2008 Independent Director
Morrow, William 51 2008 Independent Director
Amble, Joan 57 2009 Independent Director
Swainson, John 56 2010 Independent Director
Address:
16215 Alton Parkway
P.O. Box 57013
Irvine, California 92619-7013
U.S.A.