Broadcom Corporation Acquires Teknovus for $123,000,000

  • Feed Type
  • Date
    3/8/2010
  • Company Name
    Teknovus
  • Mailing Address
    1351 Redwood Way Petaluma, CA 94954
  • Company Description
    Teknovus develops and delivers the only proven, fourth-generation EPON chipset with the features and performance to enable fast, easy-to-deploy, low-cost triple-play (voice, data, video) via fiber to the home (FTTH) at 1000 times the bandwidth of DSL.
  • Website
    http://www.teknovus.com
  • Transaction Type
    M&A
  • Transaction Amount
    $123,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Broadcom Corp. has acquired Teknovus Inc., a Petaluma, Calif.-based provider of broadband-access semiconductor chipsets, for $123 million in cash.