Analysis of Cypress Semiconductor acquisition of Broadcom wireless IoT assets

Analysis of Cypress Semiconductor acquisition of Broadcom wireless IoT assets

Cypress Semiconductor announced that it will acquire Broadcom’s wireless Internet of Things (IoT) business in a $550 million deal. The deal was announced on Thursday, April 28, at the same time it announced that T.J. Rodgers will step down as CEO. The deal transfers Broadcom’s Bluetooth, Wi-Fi and Zigbee product… Read More