Content deleted Content added
→Products: reference |
m →History: replaced: publicly-traded → publicly traded |
||
(3 intermediate revisions by 3 users not shown) | |||
Line 7:
| industry = [[Semiconductors]]<br>[[Electronics]]
|parent = [[Broadcom]]
| website = {{web archive|url=https://web.archive.org/web/20110202123454/http://www.netlogicmicro.com|title=netlogicmicro.com}}
}}
[[File:NetLogic Microsystems, XLR516 Processor (17891032635).jpg|thumb|Integrated circuit XLR516, designed by NetLogic]]
'''NetLogic Microsystems, Inc.''' was a [[Fabless manufacturing|fabless semiconductor company]] that developed high performance products for [[data center]], enterprise, wireless and wireline infrastructure networks. The company was founded in 1995 by Norman Godinho and Varad Srinivasan, became a [[public company]] on the [[NASDAQ]] exchange ([[ticker symbol]]: NETL) under the leadership of CEO Ronald Jankov in July 2004 and was acquired by [[Broadcom|Broadcom Corporation]] for $3.7 billion in February 2012.<ref>{{Cite news|url=https://www.reuters.com/article/us-broadcom-idUSTRE78B23T20110912|title=Chipmaker Broadcom to buy NetLogic for $3.7 billion|date=2016-09-12|newspaper=Reuters|access-date=2017-01-04}}</ref>
== Products ==
NetLogic’s product portfolio included knowledge-based processors, multi-core processors,<ref>{{cite web|access-date=2023-12-20 |date=2011-02-15 |title=NetLogic Microsystems Introduces Best-in-Class XLP™ Multi-Core Security Processor with Integrated NETL7™ Knowledge-based Processor |publisher=businesswire.com |url=https://www.businesswire.com/news/home/20110215005069/en/NetLogic-Microsystems-Introduces-Best-in-Class-XLP%E2%84%A2-Multi-Core-Security-Processor-with-Integrated-NETL7%E2%84%A2-Knowledge-based-Processor}}</ref> content processors, network search engines, high-speed 10 and 40 [[Gigabit Ethernet]]
== History==
It was in October 2007 that NetLogic Microsystems, Inc. signed a definitive agreement to acquire the privately held Aeluros, Inc., which created interface technologies and [[semiconductor]] products.<ref name="BusinessWire Addresses Aeluros in 2007">{{cite web |url=https://www.businesswire.com/news/home/20071024006246/en/NetLogic-Microsystems-Acquire-Aeluros-Leading-Provider-Low-Power |title=NetLogic Microsystems to Acquire Aeluros, Inc., a Leading Provider of Low-Power 10-Gigabit Interface Technologies and Products |date=October 24, 2007 |website=www.businesswire.com }}</ref> In December 2010 NetLogic began using an implementation system developed by Magma Design Automation Inc, which created chip design software.<ref name="Chip Design Company in 2010">{{cite web |url=
In 2011, NetLogic acquired Optichron for $22 million.<ref name="Optichron Acquisition Occurring in 2011">{{cite web |url=https://xconomy.com/san-francisco/2011/03/21/netlogic-microsystems-acquires-optichron-for-220000000/ |title=NetLogic Microsystems Acquires Optichron for $220,000,000 |date=March 21, 2011 |website=www.xconomy.com }}</ref> From its [[IPO]] in 2004 through 2011, NetLogic grew at an annual rate of 39%, which was four to five times the average growth rate of semiconductor companies during that period. The company also enjoyed healthy profits, with gross profits in excess of 70% and net income in excess of 25% in 2011. NetLogic was one of the semiconductor industry's most innovative companies, having been granted more than 800 patents. The Global Semiconductor Alliance named NetLogic the Most Respected Emerging Public Semiconductor Company for three consecutive years, from 2009 to 2011.<ref>{{Cite web|url=http://www.gsaglobal.org/about-us/gsa-award-winners/|title=GSA Awards - Past Winners|last=|first=|date=|website=|publisher=|access-date=}}</ref>
On September 12, 2011, [[Broadcom|Broadcom Corporation]] agreed to buy NetLogic for $3.7 billion in cash.<ref>{{Cite news|url=https://www.reuters.com/article/us-broadcom-idUSTRE78B23T20110912|title=Chipmaker Broadcom to buy NetLogic for $3.7 billion|date=2016-09-12|newspaper=Reuters|access-date=2017-01-04}}</ref> It was a 57% premium to NetLogic's closing price on September 9, 2011.<ref name="The Wall Street Journal on the Acquisition">{{cite web |url=https://www.wsj.com/articles/SB10001424053111904265504576566311807622324 |title=Broadcom to Pay $3.7 Billion to Acquire NetLogic Microsystems |date=September 13, 2011 |website=www.wsj.com }}</ref> NetLogic shareholders received $50 a share.<ref name="Bloomberg on the NetLogic Acquisition in 2011">{{cite web |url=https://www.bloomberg.com/news/articles/2011-09-12/broadcom-agrees-to-buy-netlogic-microsystems-for-3-7-billion |title=Broadcom to Acquire NetLogic Microsystems for $3.7 Billion |date=September 12, 2011 |website=www.bloomberg.com }}</ref> It was Broadcom’s largest acquisition and its first acquisition of a publicly
NetLogic was headquartered in [[Santa Clara, California]], hired approximately 800 employees worldwide, and reported revenue of $405.4 million for its fiscal year 2012, its last [[fiscal year]] as a standalone company.
== References ==
Line 28 ⟶ 29:
== External links ==
* {{
[[Category:Broadcom]]
|