Broadcom Inc. was formed in 2016 through the merger of Avago Technologies and Broadcom Corporation.
Avago Technologies announced its acquisition of Broadcom Corporation in 2015, and the transaction was completed in February 2016. The combined company adopted the name Broadcom Limited before later moving its legal domicile and becoming Broadcom Inc. in 2018.
Broadcom designs semiconductor and infrastructure software products. Its chips are used in areas such as networking, broadband, wireless communications, storage, and data centers. The company also expanded substantially into enterprise software through acquisitions, helping diversify its revenue beyond semiconductors.
Broadcom Inc. is not the same entity as the former Broadcom Corporation, even though they share the Broadcom name. Avago’s acquisition created the modern public company, while the older Broadcom Corporation was a separate semiconductor business founded in 1991. Broadcom’s growth has made it one of the world’s highest-valued listed technology companies.