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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>
In September 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 13, 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-traded company. The acquisition closed in February 2012.<ref>{{Cite web|url=http://www.prnewswire.com/news-releases/broadcom-completes-acquisition-of-netlogic-microsystems-inc-139509648.html|title=Broadcom Completes Acquisition of NetLogic Microsystems, Inc.|last=Corporate|first=Broadcom Corporation; BRCM|website=www.prnewswire.com|access-date=2017-01-04}}</ref> According to the publication SlashGear, Broadcom hoped to boost its chipset division with the acquisition of NetLogic.<ref name="SleashGear on NetLogic Prowess in 2011">{{cite web |url=https://www.slashgear.com/broadcom-buys-netlogic-to-boost-chipset-prowess-12178857/ |title=Broadcom buys NetLogic to boost chipset prowess |date=September 12, 2011 |website=www.slashgear.com}}</ref>
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.
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