Fabless semiconductor corporation Broadcom is in talks to acquire Israel-based embedded processor company Broadlight and is willing to pay about $200m, according to Israeli business newspaper Globes.
The two firms first collaborated in 2004, on optical network units to carry audio, video and other data to homes users and Broadcom was latterly among the investors in Broadlight’s last round of funding, a $12m series E round in 2007.
Broadlight’s investors also include corporate venturing units Motorola Ventures and Siemens Venture Capital, telecommunications company Tellabs, venture capital (VC) firms Azure Capital Partners, Benchmark Capital, Israel Seed Partners, VC funds Delta Partners and Star Ventures, and investment management firm Cipio Partners. Venturebeat puts Broadlight’s overall financing at $50m since its inception in 2000.
The acquisition would add to a number Broadcom has made in the past year, including semiconductor company Provigent, smart card security specialist SC Square and semiconductor developer NetLogic Microsystems, the latter for a reported $3.7bn.