Cypress to acquire Broadcom IoT business for US$550 million

Cypress Semiconductor and Broadcom have announced the signing of a definitive agreement under which Cypress will acquire Broadcom's wireless Internet of Things (IoT) business and related assets in an all-cash transaction valued at US$550 million.

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As enterprises embrace the big return to the office, ensuring seamless and reliable connectivity has become crucial. Employees, accustomed to video-first communications, demand a LAN infrastructure that supports their needs without interruptions. Unfortunately, many LANs are struggling to keep up due to outdated equipment, softw


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Spotlight

As enterprises embrace the big return to the office, ensuring seamless and reliable connectivity has become crucial. Employees, accustomed to video-first communications, demand a LAN infrastructure that supports their needs without interruptions. Unfortunately, many LANs are struggling to keep up due to outdated equipment, softw

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