Which semiconductor company acquired Broadcom Corporation in 2016?

Avago Technologies acquired Broadcom Corporation in 2016.

Avago Technologies was formed in 2005 when Agilent Technologies separated its semiconductor business. It became a public company in 2009 and pursued growth through acquisitions. In 2016, Avago completed its purchase of Broadcom Corporation in a transaction valued at about $37 billion, creating the modern Broadcom Inc.

After the acquisition, the combined company adopted the Broadcom name and retained the AVGO stock symbol. The company develops semiconductors and infrastructure software used in networking, wireless communications, storage, broadband, and data centers. Its products are generally components and systems sold to other businesses rather than consumer-branded devices.

The name can cause confusion because Broadcom Corporation and Broadcom Inc. are not identical historical entities. Broadcom Inc. is the successor created through the Avago transaction. Its headquarters are in Palo Alto, California.