Broadcom Inc., headquartered in San Jose, California, is a global leader in designing, developing, and supplying a broad range of semiconductor and infrastructure software solutions. Originally founded in 1961 as a semiconductor company, Broadcom has grown into a multinational corporation known for its innovations in wired and wireless communications, storage, and industrial markets. Through a series of strategic acquisitions, Broadcom has established a dominant presence in the semiconductor industry, offering cutting-edge solutions for data centers, networking, broadband, and cybersecurity.
The company's focus on research and development, along with its commitment to delivering high-performance products, has earned it a reputation as a trusted supplier to the world's largest technology companies. Broadcom’s diverse product portfolio includes semiconductor devices for networking, broadband, enterprise storage, industrial, and wireless communications.
CEO and Founder of Broadcom
Hock E. Tan, the current President and CEO of Broadcom, has played a pivotal role in the company’s expansion and success. Under his leadership, Broadcom has undergone significant transformations through a series of mergers and acquisitions. Hock Tan, known for his aggressive growth strategy, has made key acquisitions that include Brocade Communications, CA Technologies, and Symantec’s enterprise security division. Tan’s leadership has solidified Broadcom’s standing as a global semiconductor and infrastructure software leader.
While Broadcom as it exists today was formed in 2016 after the merger of Avago Technologies and Broadcom Corporation, its roots can be traced back to the semiconductor division of Hewlett-Packard, founded in 1961 by Bill Hewlett and David Packard. This merger created a formidable player in the tech world, with its focus on both hardware and software solutions.
List of Top Companies Under Broadcom (USA)
Broadcom has expanded its reach through several key acquisitions, enabling the company to offer a wide range of products and services. Here is a list of major companies owned or acquired by Broadcom, along with their approximate valuations.
Company Name | Year Acquired/Founded | Valuation | Industry |
---|---|---|---|
CA Technologies | 2018 (Acquired) | $18.9 Billion | Enterprise Software Solutions |
Brocade Communications | 2017 (Acquired) | $5.5 Billion | Networking Solutions |
Symantec Enterprise Division | 2019 (Acquired) | $10.7 Billion | Cybersecurity Solutions |
LSI Corporation | 2014 (Acquired by Avago) | $6.6 Billion | Data Storage and Networking |
Emulex | 2015 (Acquired by Avago) | $606 Million | Storage Networking |
PLX Technology | 2014 (Acquired by Avago) | $309 Million | PCI Express Switches |
Broadcom Corporation | 2016 (Merged with Avago) | $37 Billion (at time of merger) | Semiconductors |
Symantec’s Web Security Services | 2019 (Acquired) | $1 Billion | Cloud-Based Security Services |
FAQs About Broadcom
Q1: When was Broadcom founded, and by whom?
A: Broadcom traces its roots back to 1961 when the semiconductor division of Hewlett-Packard was founded by Bill Hewlett and David Packard. Broadcom, as we know it today, was formed in 2016 after Avago Technologies acquired Broadcom Corporation.
Q2: Who is the current CEO of Broadcom?
A: Hock E. Tan is the current CEO of Broadcom and has been instrumental in driving the company’s growth through major acquisitions.
Q3: What are some of the top companies under Broadcom?
A: Broadcom owns several key companies, including CA Technologies, Brocade Communications, Symantec Enterprise Division, and LSI Corporation.
Q4: What industries does Broadcom operate in?
A: Broadcom operates in various industries, including semiconductors, cybersecurity, data storage, enterprise software, and networking solutions.
Q5: What is Broadcom’s role in the technology industry?
A: Broadcom is a global leader in providing semiconductor and software infrastructure solutions, powering data centers, networking, cybersecurity, and broadband communication systems.
Q6: What is Broadcom’s market value?
A: As of 2024, Broadcom’s market capitalization is approximately $350 billion, making it one of the largest semiconductor companies globally.