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Broadcom to Acquire Digital TV Business from AMD
Broadcom Corporation and AMD today announced that the companies have entered into a definitive agreement for Broadcom to acquire AMD’s digital TV (DTV) business.
“The acquisition of AMD’s DTV business, which will become the core of Broadcom’s DTV line of business, will enable us to significantly scale and accelerate the completion of our digital TV product portfolio while also expanding our tier one customer base and positions us to achieve leadership and long-term growth in this important market segment,” said Daniel Marotta, Senior Vice President & General Manager of Broadcom’s Broadband Communications Group. “We believe our combined DTV team will be in an excellent position to grow and thrive in this burgeoning market by bringing best-in-class people, technology, solutions and support to our customers.”
Posted by | Mon, Aug 25, 2008 - 09:21 AM
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