Broadcom rumored to be acquiring Broadlight

Broadcom is putting some Fiber to the Premises (FTTP) power into its operations by moving to acquire Israeli-based processor developer Broadlight for about $200 million, reports EE Times citing Israeli business daily TheMarker.

In the report, which did not cite any specific sources, the two silicon vendors have apparently signed a letter of intent that Broadcom would buy Broadlight in the range of $230 to $340 million.

Having worked together since 2004 neither company is a stranger to one another. Broadcom also made an investment in the company as it was developing GPON processors for Optical Line Terminal (OLT) equipment housed in the telco CO and CPE like home gateways.

Already having a GPON product line that includes both Ethernet PON (EPON), it's possible they see the Broadlight acquisition would complement its growing GPON solution set.

For more:
- EE Times has this article

Related articles:
Broadcom ups its powerline ante with Gigle Networks acquisition
SEC: Broadcom officials back-dated stock options
CES 2011: Broadcom takes spot on HomePlug Powerline Alliance's board

Suggested Articles

France and Germany are teaming up to jointly create a cloud-computing ecosystem that would challenge AWS, Microsoft and Google, according to Reuters.

Calix has teamed up with Spirent for a single lab that speeds up testing cycles while lowering powering and capex.

VMware announced on Thursday that it has struck a deal to buy network security vendor Lastline for an undisclosed sum.