Broadcom will purchase digital television business at AMD?

Corporation Broadcom plans to purchase digital television business of company Advanced Micro Devices. The Amount of transaction should make $192,8 million After absorption Broadcom namerena to expand the portfolio of products.

According to charters of the companies, for such acquisitions the agreement of shareholders of the companies as the bargain is not strategic is not required, and top management approval is already received from both parties. Also the bargain does not require also approval from regulators.

It is expected, tat acquisition will be closed by the end of this year, writes site CyberSecurity.