Broadcom Inc (NASDAQ: AVGO) Believes Slowed Sales Might Save it From a Future Crash

Broadcom Inc has decided to sacrifice its sales, and its explanation has sparked a lot of questions. However, the company says that the slowing down of sales has been on purpose and that it doesn’t feel worried about lagging behind its peers. Tan explains the move It was the company’s  Chief Executive Officer, Hock Tan, […]

LSI Corp (NASDAQ:LSI) Acquired By Avago Technologies Ltd (NASDAQ:AVGO) For $6.6 Billion

Boston, MA 12/18/2013 (wallstreetpr) – US-based semiconductor technology firm LSI Corp (NASDAQ:LSI) is slated to be bought out by Singapore-based semiconductor giant Avago Technologies Ltd (NASDAQ:AVGO) in an all-cash deal to the tune of $6.6 billion. The second biggest semiconductor industry acquisition this year will, for the large part, see funding from a consortium of investors, which […]