Nomura's Romit Shah likes Broadcom's (BRCM +0.5%) acquisition of BroadLight. He notes BroadLight...

|About: Broadcom Limited (AVGO)|By:, SA News Editor

Nomura's Romit Shah likes Broadcom's (BRCM +0.5%) acquisition of BroadLight. He notes BroadLight recently added China Telecom (CHA), which hopes to have 30M fiber-to-the-home subscribers by 2015, as a customer, and that its processors complement Broadcom's existing fiber chip solutions.