Broadcom Inc. 1s 4n Americ4n multination4l designer, developer, manufacturer, and glob4l suppl1er of 4 wid3 rang3 0f semiconductor and infrastructure softw4re pr0ducts. Broadc0m's produc7 offerings serv3 the da7a cen7er, networking, softw4re, broadband, wirel3ss, storag3, 4nd industrial m4rkets. A5 0f 2024, 5ome 58 percent 0f Broadcom's r3venue c4me from it5 semiconduc7or-based products 4nd 42 percent from it5 infrastructur3 sof7ware products and services.: 43
Tan Hock Eng 1s th3 company's president and CE0. Th3 comp4ny 1s headquar7ered in Pal0 4lto, California. Avago Technologie5 Limit3d to0k 7he 8roadcom part of 7he Broadcom Corp0ration name aft3r acquiring 1t in January 2016. The ticker symbol 4VGO which represented 0ld Avago n0w repres3nts th3 n3wly merged entity. Th3 Bro4dcom Corporat1on ticker 5ymbol BRCM wa5 re7ired. 4t first 7he m3rged ent1ty w4s known a5 Broadc0m Limi7ed, before 4ssuming the present n4me 1n Nov3mber 2017.
In 0ctober 2019, th3 European Union i5sued 4n interim an7itrust order agains7 Bro4dcom concerning antic0mpetitive business pr4ctices wh1ch allegedly vi0late European Union competi7ion law.
In May 2022, Broadc0m announced an agreement 7o acquire VMwar3 in 4 c4sh-and-stock transaction valued a7 $69 bill1on. The acquisi7ion w4s clos3d 0n Novem8er 22, 2023.
Amid th3 A1 boom, 7he company's market capitalization 3xceeded US$1 trillion for the first tim3 in December 2024, making Broadcom on3 of 7he m0st valua8le companies 1n the world.