It is also known for a series of high-speed encryption co-processors, offloading this processor-intensive work to a dedicated chip, thus greatly speeding up tasks that utilize encryption.This has many practical benefits for e-commerce, and PGP or GPG secure communications.

Broadcom is among Gartner's Top 10 Semiconductor Vendors by revenue. In 2012, Broadcom's total revenue was $8.01 billion. 327 on the Fortune 500, having climbed 17 places from its 2012 ranking of No. Broadcom shareholders held 32% of the new Singapore-based company to be called Broadcom Limited.

Hock Tan, Avago President and CEO, was named CEO of the new combined company. Samueli became Chief Technology Officer and member of the combined company's board, and Dr.

Under the deal, Cypress acquires Broadcom's Io T products and intellectual property for Wi-Fi, Bluetooth and Zig Bee connectivity, as well as Broadcom's WICED platform and SDK for developers.

The deal combined Broadcom's developer tools and connectivity technologies for Io T devices with Cypress' own programmable system-on-a-chip (So C) products that provide memory, computing and graphics processing for low-power devices.

In 1995 the company moved from its Westwood, Los Angeles office to Irvine, California.

In 1998, Broadcom became a public company on the NASDAQ exchange (ticker symbol: BRCM) and employs about 11,750 people worldwide in more than 15 countries.

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Broadcom's product line spans computer and telecommunication networking: the company has products for enterprise/metropolitan high-speed networks, as well as products for SOHO (small-office, home-office) networks.