Broadcom acquires Avago optical modules
(NASDAQ: AVGO) has confirmed a report from LightCounting analyst James Kisner that it has reacquired the optical transceiver and technology assets Avago Technologies sold to Foxconn Interconnect Technology (FIT; see "Avago agrees to sell optical modules business to. Avago sold the assets in 2015, shortly before the company merged with Broadcom through acquisition. All the latest Broadcom news -- product and financial -- can be found in the Broadcom newsroom. (NASDAQ: AVGO) is one of the best performing NASDAQ stocks according to hedge funds. On October 1, the company announced the achievement of industry-leading quality and readability of Co-Packaged Optics (CPO). What's the Deal with the Altium Deal? SAN JOSE, CA – Ahead of its acquisition of Broadcom, Avago is selling its optical module unit to Foxconn for an undisclosed sum. (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets.
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