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BROADCOM (BRCM) BUYS NETLOGIC (NETL)

Broadcom (BRCM) is acquiring NetLogic (NETL) for approximately $3.7 billion. NetLogic share holders will receive $50 per share. Broadcom expects the acquisition to be accretive by approximately $1.10. Broadcom also reaffirmed its business outlook for Q3. Those holding NetLogic may consider continuing to hold it until the

September 12, 2011

ASIA CHECKS: NVIDIA (NVDA), MARVELL (MRVL), QUALCOM (QCOM), LSI (LSI), BROADCOM (BRCM), ALTERA (ALTR), SILICON LAB (SLAB), AND TEXAS INSTRUMENTS (TXN)

FBR after its checks from Asia reports that the data from Asia is most positive for Marvell (MRVL), Silicon Lab (SLAB), Qualcom (QCOM), and LSI (LSI). The data is most negative for Nvidia (NVDA). The data is also negative for Broadcom (BRCM), Altera (ALTR), and Texas Instruments (TXN).

June 20, 2011