Broadcom Corp. (BRCM) said Thursday that it has completed its acquisition of BroadLight, Inc., a provider of highly integrated networking and fiber access PON processors.
Broadcom paid about $195 million subject to certain adjustments, net of cash assumed, to acquire all of the outstanding shares of capital stock and other equity rights of BroadLight. Additional consideration was reserved for future payment upon satisfaction of certain performance goals.
Excluding any purchase accounting related adjustments or fair value measurements, Broadcom expects the acquisition of BroadLight to be approximately neutral to earnings per share in 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.