Broadcom acquires Polymer Optical Fiber business of Infineon Technologies AG

Broadcom acquired Polymer Optical Fiber business of Infineon Technologies AG for $27 million, a transaction completed in 2007, structured as All-cash acquisition of a business, completed in fiscal year 2007..

Polymer Optical Fiber business of Infineon Technologies AG operates in Wired infrastructure / fiber-optic components, is based in Germany. During its 2007 fiscal year, Avago Technologies (later renamed Broadcom) acquired the Polymer Optical Fiber (POF) business of Germany's Infineon Technologies AG for $27 million in cash. The unit supplied fiber-optic transmitter and receiver components used in automotive and industrial data links.

The purchase expanded Avago's fiber-optic product portfolio and strengthened its position in optical data-communication components for industrial and automotive applications.

Advisory firms were not disclosed for this transaction.

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