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Broadcom Acquires Beceem for Multimode LTE/WiMAX Chipsets

Broadcom will acquire Beceem Communications , a privately-held developer of 4G chipsets, for approximately $316 million in cash.

Beceem has been a developer of WiMAX silicon solutions, but earlier this year announced plans for chipset that address both LTE and WiMAX. The company claims its silicon technology supports peak broadband download speeds of up to 200Mbps. Its existing WiMAX chip has been seen major deployment in the Clearwire/Sprint ecosystem through leading OEMs and ODMs.

Broadcom said the deal accelerates its entry into the 4G market. Beceem’s technology will be combined with Broadcom’s 2G/3G cellular solutions, wireless LAN, Bluetooth, GPS, Ethernet switching and other associated IP.

Beceem’s Chief Executive Officer, Surendra Babu Mandava, said: “When combined with Broadcom’s 2G and 3G cellular solutions and broader wired and wireless communications portfolio, our 4G products will enable operators to roll out next generation wireless broadband solutions while providing support for existing networks. Our combined offering will be one of the most extensive and formidable in the industry.”

About Beceemhttp://www.broadcom.com
http://www.beceem.com

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