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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Tuesday–January 6

Denver University Set to Buy Cable Center Building

The Syndeo Institute at The Cable Center has entered into a tentative agreement with the University of Denver to sell the more than 75,000-square-foot building that’s housed the nonprofit educational arm of the cable industry since 2001. Financials weren’t disclosed.

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