Tech Company M&A Transactions

Beceem Communications Acquisition

Operating out of Santa Clara, Beceem Communications was acquired by Broadcom. Broadcom said the transaction price was $316 million.

Transaction Overview

Acquired By
Announced On
10/13/2010
Transaction Type
M&A
Amount
$316,000,000
M&A Terms
In connection with the acquisition, Broadcom expects to pay approximately $316 million in cash, net of cash assumed, to acquire all of the outstanding shares of capital stock and other equity rights of Beceem.

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
3960 Freedom Cir. First Fl. 1
Santa Clara, CA 95054
USA
Email Address
Overview
Beceem Communications Inc. was founded in October 2003 with the goal of building a wireless technology company offering semiconductor solutions for the wireless broadband market. Beceem is the leading supplier of chipsets for the recently ratified, IEEE 802.16e standard on which Mobile WiMAX is based.
Profile
Beceem Communications LinkedIn Company Profile
Social Media
Beceem Communications Company Twitter Account
Company News
Beceem Communications News
Facebook
Beceem Communications on Facebook
YouTube
Beceem Communications on YouTube

Management Team

Title
Name
Email & Social
Chairman
Shahin Hedayat
  Shahin Hedayat LinkedIn Profile  Shahin Hedayat Twitter Account  Shahin Hedayat News  Shahin Hedayat on Facebook
Chief Executive Officer
Babu Mandava
  Babu Mandava LinkedIn Profile  Babu Mandava Twitter Account  Babu Mandava News  Babu Mandava on Facebook
Chief Technical Officer
Arogyaswami Paulraj
  Arogyaswami Paulraj LinkedIn Profile  Arogyaswami Paulraj Twitter Account  Arogyaswami Paulraj News  Arogyaswami Paulraj on Facebook
VP - Bus. Development
Lars Johnsson
  Lars Johnsson LinkedIn Profile  Lars Johnsson Twitter Account  Lars Johnsson News  Lars Johnsson on Facebook
VP - Sales
David Carroll
  David Carroll LinkedIn Profile  David Carroll Twitter Account  David Carroll News  David Carroll on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/13/2010: Cerulean Pharma venture capital transaction
Next: 10/13/2010: Carwoo venture capital transaction

 

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Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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