Broadcom Bags BroadLight for $195M

Broadcom rounds out its PON portfolio after pulling the trigger on a rumored acquisition that could heat up a rivalry with Qualcomm

Jeff Baumgartner, Senior Editor

March 21, 2012

1 Min Read
Broadcom Bags BroadLight for $195M

Broadcom Corp. (Nasdaq: BRCM) will push deeper into the passive optical networking (PON) market by putting up US$195 million to acquire BroadLight Inc. (See Broadcom Buys BroadLight.)

Broadcom has also reserved up to $10 million more in cash for future payments to holders of BroadLight capital stock and other rights tied to certain performance goals. The company expects to close the deal in the second quarter.

Why this matters
The addition of BroadLight provides Broadcom more PON ammo following its acquisition of Teknovus last year, allowing it to round out a silicon portfolio for Optical Network Unit (ONU) gear as well as Optical Line Terminal (OLT) equipment.

Some analysts also believe the deal will add fuel to a heating rivalry between Broadcom and Qualcomm Inc. (Nasdaq: QCOM), which got into the PON game by acquiring Atheros.

For more

  • Why Broadcom Might Buy BroadLight

  • Broadcom to Acquire Teknovus

  • Broadcom Unveils GPON Chips



— Jeff Baumgartner, Site Editor, Light Reading Cable



About the Author(s)

Jeff Baumgartner

Senior Editor, Light Reading

Jeff Baumgartner is a Senior Editor for Light Reading and is responsible for the day-to-day news coverage and analysis of the cable and video sectors. Follow him on X and LinkedIn.

Baumgartner also served as Site Editor for Light Reading Cable from 2007-2013. In between his two stints at Light Reading, he led tech coverage for Multichannel News and was a regular contributor to Broadcasting + Cable. Baumgartner was named to the 2018 class of the Cable TV Pioneers.

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