Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has completed the acquisition of AMD's (NYSE: AMD) digital TV (DTV) business. The acquisition is expected to enable Broadcom to immediately scale its DTV business, and, in conjunction with its existing products, offer a complete product line that covers all segments of the DTV market, ranging from low-end value and mid-range quality to high-end interactive platforms and panel processors.
I'm currently in a business review meeting. All the AMD DTV guys have new Broadcom badges with their first name and location (mostly Markham). Since they're part of Broadcom starting today, AMD cut off their old email access and there's an IT guy running around trying to get everyone up on Broadcom's email server. It does look like all 500+ employees are in our corporate directory already.
It was about 4 degrees C when I walked out of the hotel this morning. It was also windy so I'm sure the wind chill adjusted temperature is much lower. Sigh... :(
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