Broadcom and QLogic Announce Sale and Purchase of Certain Ethernet Controller-Related Assets and Entry Into ASIC Partnership; Price Set at $147M in Cash

Broadcom Corporation (NASDAQ: BRCM ), a global innovation leader in semiconductor solutions for wired and wireless communications, and QLogic Corporation (NASDAQ: QLGC ), a leading supplier of high performance network infrastructure solutions, today announced a definitive agreement under which QLogic will acquire certain 10/40/100Gb Ethernet controller-related assets and