Brocade backdating scandal

15 May

On January 17, 2018, it was reported that the FTC was investigating whether Broadcam had "engaged in anticompetitive tactics in negotiations with customers," in a probe that had been ongoing for several months.

On July 14, 2006, Broadcom announced it had to subtract 0 million from earnings due to stock options irregularities. On June 5, 2008, Broadcom co-founder and former CEO Henry Nicholas and former CFO William Ruehle were indicted on charges of illegal stock-option backdating.

Nicholas serves in a strategic advisory role within the new company.

The new merged entity is named Broadcom Limited but inherits the ticker symbol AVGO. In May 2016 Cypress Semiconductor announced that it will acquire Broadcom Corporation's full portfolio of Io T products for 0 million.

The foundation's Linux Kernel Development report also noted that, during the course of the year, Broadcom submitted 2,916 changes to the kernel.

The Broadband Telecom logo was designed by co-founder Henry Nicholas' then-wife Stacey Nicholas, who was inspired by the mathematical sinc function.

Broadcom Corporation was an American fabless semiconductor company that made products for the wireless and broadband communication industry.

It was acquired by Avago Technologies in 2016 and currently In 1998, Broadcom became a public company on the NASDAQ exchange (ticker symbol: BRCM) and employs about 11,750 people worldwide in more than 15 countries.

Broadcom is among Gartner's Top 10 Semiconductor Vendors by revenue. In 2012, Broadcom's total revenue was .01 billion. 327 on the Fortune 500, having climbed 17 places from its 2012 ranking of No. Broadcom shareholders held 32% of the new Singapore-based company to be called Broadcom Limited.

Hock Tan, Avago President and CEO, was named CEO of the new combined company. Samueli became Chief Technology Officer and member of the combined company's board, and Dr.