Broadcom Inc. is a global technology leader operating in the semiconductor and infrastructure software industry.
Originally founded in 1991 by Henry Samueli and Henry Nicholas in Irvine, California, the company has grown into one of the most important providers of hardware and software solutions across a wide range of sectors:
1. Telecommunications
2. Data centers
3. Enterprise networking
4. Industrial automation
5. Cloud infrastructure
Broadcom's product and service portfolio includes:
- Data Center Solutions: High-speed connectivity products for enterprise storage and networking.
- Wireless Devices: Connectivity chips for smartphones and Internet of Things (IoT) devices.
- Industrial Applications: Optical sensors, embedded systems, and components for factory automation and smart systems.
- Networking Infrastructure: Switches, routers, and network processors for telecom providers and cloud companies.
- Enterprise Software: Security, storage, mainframe management, and IT operations software, including recent expansions into virtualization and cloud infrastructure.
Broadcom serves customers in over 40 countries and employs approximately 21,000 professionals across North America, Europe, and Asia.
The company is known for its innovation strategy, supported by strong investments in R&D and strategic acquisitions, which have helped solidify its leadership in the global semiconductor and enterprise software space.
Broadcom Inc. is listed on the Nasdaq Stock Market under the ticker symbol AVGO.
History and Founding of Broadcom Inc.
Founded in 1991, Broadcom Inc. started as a fabless semiconductor company focused on delivering networking and broadband communication chips.
The company quickly gained traction by supplying critical technology to the telecom and enterprise networking sectors.
In 1998, Broadcom went public on the Nasdaq, using its IPO to accelerate innovation and global expansion.
Over the 2000s, it continued to diversify its product offerings through a series of acquisitions and organic R&D.
A major turning point occurred in 2016, when Avago Technologies acquired Broadcom Corporation in a landmark $37 billion deal.
The combined entity adopted the Broadcom Inc. name, with headquarters moved to San Jose, California.
The deal positioned the company as a global powerhouse in both semiconductors and enterprise IT infrastructure.
Between 2020 and 2024, Broadcom expanded its portfolio in strategic areas such as 5G infrastructure, cloud computing, and cybersecurity.
It also significantly strengthened its position in enterprise software through the high-profile acquisition of VMware, further integrating software-defined infrastructure into its offerings.
Today, Broadcom continues to grow as a mission-critical technology provider, serving as a trusted partner for many of the world’s largest technology, telecom, and industrial companies.
Additional Information
The Company Broadcom Inc. (United States), is listed on Nasdaq with a market cap of $ 1.60 Trillion, having an equity of $ 73.28 Billions.
With a total of 21.000 employees, the company is listed in the sector of Technology and categorized in industry of Semiconductors.
In the last 12 months the Company had a revenue of $ 59.93 Billions, which generated a profit in the amount of $ 18.93 Billions.
As for its main indicators, the Company has a P/E ratio of 84.71, a P/BV ratio of 21.89 and in the last 12 months the dividend yield of AVGO was at 0.69%.
The Company is traded internationally through the ticker AVGO.