NetLogic Microsystems on:
[Wikipedia]
[Google]
[Amazon]
NetLogic Microsystems, Inc. was a fabless semiconductor company that developed high performance products for data center, enterprise, wireless and wireline infrastructure networks. The company was founded in 1995 by Norman Godinho and Varad Srinivasan, became a public company on the NASDAQ exchange (ticker symbol: NETL) under the leadership of CEO Ronald Jankov in July 2004 and was acquired by
NetLogic Microsystems, Inc. was a fabless semiconductor company that developed high performance products for data center, enterprise, wireless and wireline infrastructure networks. The company was founded in 1995 by Norman Godinho and Varad Srinivasan, became a public company on the NASDAQ exchange (ticker symbol: NETL) under the leadership of CEO Ronald Jankov in July 2004 and was acquired by Broadcom Corporation
Broadcom Corporation is an American fabless semiconductor company that makes products for the wireless and broadband communication industry. It was acquired by Avago Technologies in 2016 and operates as a wholly owned subsidiary of the merged ...
for $3.7 billion in February 2012.
Products
NetLogic’s product portfolio included knowledge-based processors, multi-core processors, content processors, network search engines, high-speed 10 and 40 Gigabit Ethernet PHYs, wireless base station digital front-end PHYs and low-power embedded processors. Its global customer base includedAlcatel-Lucent
Alcatel–Lucent S.A. () was a French–American global telecommunications equipment company, headquartered in Boulogne-Billancourt, France. It was formed in 2006 by the merger of France-based Alcatel and U.S.-based Lucent, the latter being a su ...
, Cisco Systems
Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational corporation, multinational digital communications technology conglomerate (company), conglomerate corporation headquartered in San Jose, California. Cisco develo ...
, Dell
Dell is an American based technology company. It develops, sells, repairs, and supports computers and related products and services. Dell is owned by its parent company, Dell Technologies.
Dell sells personal computers (PCs), servers, data ...
, Ericsson
(lit. "Telephone Stock Company of LM Ericsson"), commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in informat ...
, Google
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. ...
, Hewlett-Packard
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard ( ) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components ...
, Huawei Technologies
Huawei Technologies Co., Ltd. ( ; ) is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong, China. It designs, develops, produces and sells telecommunications equipment, consumer electronics and various smart ...
, Juniper Networks
Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California. The company develops and markets networking products, including routers, switches, network management software, network security products, ...
and Nokia-Siemens.
History
It was in October 2007 that NetLogic Microsystems, Inc. signed a definitive agreement to acquire the privately held Aeluros, Inc., which created interface technologies and semiconductor products. In December 2010 NetLogic began using an implementation system developed by Magma Design Automation Inc, which created chip design software. In 2011, NetLogic acquired Optichron for $22 million. From its IPO in 2004 through 2011, NetLogic grew at an annual rate of 39%, which was four to five times the average growth rate of semiconductor companies during that period. The company also enjoyed healthy profits, with gross profits in excess of 70% and net income in excess of 25% in 2011. NetLogic was one of the semiconductor industry's most innovative companies, having been granted more than 800 patents. The Global Semiconductor Alliance named NetLogic the Most Respected Emerging Public Semiconductor Company for three consecutive years, from 2009 to 2011. On September 12, 2011,Broadcom Corporation
Broadcom Corporation is an American fabless semiconductor company that makes products for the wireless and broadband communication industry. It was acquired by Avago Technologies in 2016 and operates as a wholly owned subsidiary of the merged ...
agreed to buy NetLogic for $3.7 billion in cash. It was a 57% premium to NetLogic's closing price on September 9, 2011. NetLogic shareholders received $50 a share. It was Broadcom’s largest acquisition and its first acquisition of a publicly-traded company. The acquisition closed in February 2012. According to the publication SlashGear, Broadcom hoped to boost its chipset division with the acquisition of NetLogic.
NetLogic was headquartered in Santa Clara, California
Santa Clara (; Spanish for " Saint Clare") is a city in Santa Clara County, California. The city's population was 127,647 at the 2020 census, making it the eighth-most populous city in the Bay Area. Located in the southern Bay Area, the cit ...
, hired approximately 800 employees worldwide, and reported revenue of $405.4 million for its fiscal year 2012, its last fiscal year as a standalone company.
References
External links
* {{Official website, http://www.netlogicmicro.com Companies formerly listed on the Nasdaq Defunct semiconductor companies of the United States Fabless semiconductor companies Broadcom 2012 mergers and acquisitions Corporate subsidiaries