Broadcom has become one of the largest companies in the world with a total market cap of $110 billion.
Source: SVBJ
Thursday, December 7, 2017
Broadcom is moving its headquarters to San Jose
Broadcom is a Singapore-based semiconductor company that purchased Brocade for $5.9 billion late last year. The company had decided to take advantage of that acquisition and officially move its headquarters to the US, and even more specifically to San Jose. The announcement was actually made by Trump at a White House press conference. Why is this so significant? It means $20 billion (with a "b") in revenue will be pouring into the US. Only a fraction of that will impact the economy, but it is a significant announcement nonetheless. It also could mean more jobs in San Jose.
Broadcom has become one of the largest companies in the world with a total market cap of $110 billion.
Source: SVBJ
Broadcom has become one of the largest companies in the world with a total market cap of $110 billion.
Source: SVBJ
Don't they already have a big office in San Jose. I hear they are going to close the Brocade campus.
ReplyDeletehttps://www.bizjournals.com/sanjose/news/2015/12/18/broadcom-completes-previously-announced-207.html
They have covered their logos on at least one of the buildings near 237. Not sure what that means.
ReplyDeleteBroadcom or Brocade?
Delete