Acquisition adds OC48 and OC192 Sonet transceivers and framers, as well as serial 10-Gbit/s Ethernet to Broadcom's stable of offerings

August 14, 2000

1 Min Read

IRVINE, Calif. -- Broadcom Corporation (Nasdaq:BRCM), the leading provider of integrated circuits enabling high speed broadband communications, today announced that it has signed a definitive agreement to acquire NewPort Communications, Inc., a privately held company based in Irvine, California. NewPort Communications develops high-performance optical communications chips, which enable the rapid build out and bandwidth expansion of the fiber-optic infrastructure necessary to support the explosive growth of the Internet.

"Today's announcement reinforces Broadcom's strategic initiative to provide end-to-end solutions across the LAN and WAN," said Dr. Henry T. Nicholas III, President and CEO of Broadcom. "The acquisition of NewPort Communications and its SONET/SDH expertise is not only synergistic with our 10-Gigabit Ethernet technology but is also complementary to the communications processor technology that we are acquiring through our merger with Silicon Spice Inc., announced on August 7. Together these acquisitions will provide Broadcom with a powerful platform to address the rapidly growing wide area networking marketplace."

http://www.broadcom.com

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