Broadcom was the eighth top semiconductor vendor worldwide in 2015 with the highest revenue. The Irvine, Calif.-based company took 2.5 percent of market share in 2015, with $8.3 billion in annual revenue.
Broadcom is one of the many companies impacted by the semiconductor industry’s high levels of merger and acquisition activity. In May, chipmaker Avago Technologies unveiled its plans to acquire Broadcom for $37 billion in cash and stock. The two companies offer a combined a range of products to communications companies, including wires and wireless communications semiconductors. The combined company was renamed Broadcom Limited and the acquisition closed in February.