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AVGO vs. ETF Alternatives
Company Description
Currently, there's no company description for AVGO.
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Thursday, April 11, 9:43 AM In addition to announcing it's acquiring CyOptics, Avago (AVGO -0.3%) is creating a 20M-share buyback authorization (good for repurchasing 8% of shares) to replace a 15M-share authorization that just expired. CyOptics, which had 2012 sales of $210M and relies on an advanced material known as indium phosphide, lowers Avago's dependence on its wireless chip business (over half of sales), and makes the company a tougher optical component rival to JDS Uniphase (JDSU) and Finisar (FNSR). Avago asserts CyOptics' products strengthen its hand in the 40G/100G space, an area Cisco and Intel are also interested in. Comment! [Tech, M&A]
- Thursday, April 11, 9:00 AM Avago Tech (AVGO) agrees to pay $400M to acquire CyOptics, a provider of indium phosphide optical chip and component technologies for the data communications and telecom markets. Avago says the deal will strengthen its fiber-optics product portfolio for 40G and 100G enterprise and data center applications. (PR) Comment! [Tech, M&A, Breaking News]
- Monday, August 6, 2012, 2:50 PM Avago (AVGO +0.1%) is close to buying Schneider Electric's (SBGSF.PK) sensor division for ~$1B, Reuters reports. A purchase would put Avago, which currently has a $9B market cap and almost no debt, on better footing in the sensor market against Texas Instruments, STMicroelectronics, and a slew of Japanese rivals. Comment! [Tech, M&A]
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SKS1586: sprasad03: Congratulations for $QCOM Buy- per Ashraf's Article-http://seekingalpha.com/a/rfyp
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Ocean Man
Covered short on $AVGO for a gain of 2.1% in 5 days. $34.11 ---> $33.39. http://seekingalpha.com/s/c9nlb - View all 0 replies
LATEST REPLIES
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- View all 2 replies
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SKS1586: sprasad03: Congratulations for $QCOM Buy- per Ashraf's Article-http://seekingalpha.com/a/rfyp
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Todd Campbell
$QCOM is the big winner in the iPhone 5. $SWKS, $BRCM & $AVGO did nicely too. http://bit.ly/Q2uxto - View all 7 replies
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stocktrend
Early report tear down from Ifixit said chips inside From new I phone is AVGO SWKS TQNT Reuters reported today at 9:11 eastern time. - View all 17 replies
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swingtrader427
Will try to get into AVGO call spread today. Price up Friday and volume +289%. Supplier to Iphone 5 and should follow AAPL higher. - View all 1 replies
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Nigam Arora
Making Money From Apple Derivatives (AAPL) (AVGO) (CRUS) (NUAN) (NVDA) (OVTI) (QCOM) (RFMD) Check out details http://bit.ly/vZnCaS - View all 1 replies
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