About Broadcom Inc. (AVGO)

Company Description:

Broadcom Inc. is a global technology leader that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom's comprehensive product line serves the data center, networking, software, broadband, wireless, and storage and industrial markets.

Broadcom was established by a group of engineers from Hewlett-Packard and was originally incorporated in California in 1961 as Hewlett-Packard Associates. The company was reincorporated in California in 1984 as Avago Technologies and then reestablished in Singapore in 2015, before relocating its headquarters back to San Jose, California, United States in 2018, where it is currently headquartered.

Main Product(s):

Broadcom's products span several categories including data center networking, home connectivity, broadband access, telecommunications equipment, smartphones, and base stations. It is particularly noted for its product offerings in switches, routers, cable modems, network interface cards, wireless LAN, and satellite communications.

Short History of Broadcom Inc.:

• 1961 – The legacy of Broadcom began as part of Hewlett-Packard.
• 1984 – Reincorporated as Avago Technologies.
• 2015 – Broadcom Corporation was acquired by Avago Technologies for $37 billion.
• 2016 – The combined company was renamed Broadcom Inc.
• 2018 – Headquarters moved to San Jose, California, USA.
• 2019 – Broadcom acquired Symantec's enterprise security business.
• 2021 – The company announced the acquisition of SAS Institute, although this deal was later called off.