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Updated live from Wikipedia, last check: May 29, 2012 16:42 UTC (37 seconds ago)

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Avago Technologies
Type Public
Founded 2005
Headquarters San Jose, California, USA
Key people Hock E. Tan, CEO
Industry Semiconductors
Products analog
Revenue US $1.8 billion (2005)
Employees 6500
Website www.AvagoTech.com

Avago Technologies (NASDAQAVGO) is an American company which was earlier the semiconductor products division of HP and later Agilent Technologies, before being spun off into a distinct legal entity. It holds more than 2,000 patents.

Contents

Spin-Off

In late 2005 the semiconductor division of Agilent was acquired by Kohlberg Kravis Roberts and Silver Lake Partners, and became an independent company. Today it is one of the largest privately held semiconductor companies in the world, with approximately 6,500 employees and net revenue of $1.8 billion in fiscal 2005.

In 2006, PMC-Sierra purchased Avago Technologies storage semiconductor division.

In 2008, Avago Technologies filed a $400M IPO for the NASDAQ with the proposed ticker symbol AVGO.[1]

In 2009 , Avago Technologies has filed an amended registration statement with the SEC for an initial public offering of its common stock. The Company is offering 36,000,000 shares and expects the offering price to be between $13-$15 per share. The Company plans to list on the NASDAQ under the symbol "AVGO".[2]

Aug 5, 2009, Avago announced the initial public offering of 43,200,000 ordinary shares at a price to the public of $15.00 per share. ".[3]

Products

Avago Technologies provides a range of analog, mixed-signal and optoelectronic components and subsystems to more than 40,000 customers. Thin Film Bulk Acoustic Resonator (FBAR) filters are produced for mobile phones and WLAN.

See also

References








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