Broadcom Corporation has acquired Beceem Communications, a privately-held company that develops system-on-a-chip (SoC) solutions for LTE and WiMAX 4G connectivity. Broadcom paid approximately $316 million, net of cash assumed, to acquire all of the outstanding shares of capital stock and other equity rights of Beceem.

Broadcom expects the acquisition of Beceem to be neutral to earnings in 2011.

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Peacock Spreading its Wings

NBCU ’s favorite bird is learning to fly. Peacock had 24.5 million monthly active accounts at the end of 2021, and more than nine million of those are paid accounts approaching $10 in paid ARPU. Another

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