Broadcom Buys Dune Networks for $200 Million

Broadcom, one of the world’s largest fabless semiconductor companies, announced on Monday that it has signed a definitive agreement to acquire Dune Networks, a privately owned Israeli start-up that develops switch fabric solutions for data center and networking equipment. Broadcom said it expects to pay about $178 million for Dune. The actual amount of the deal, which has not been announced to the press, is likely about $200 million, including Dune Networks’ cash assets. read more: http://www.haaretz.com/print-edition/business/broadcom-buys-dune-networks-for-200-million-1.2983