Company Name Gigle Semiconductor
Mailing Address 255 Shoreline Drive Redwood City, CA 94065
Company Description Gigle is developing system-on-chip integrated circuits for multimedia home networking using any of the existing wires in the home – the power lines, coaxial cables or phone lines. Such networks will transform the way we view movies and television broadcasts, listen to music, access information, and play games.
M&A Terms In connection with the acquisition, Broadcom expects to pay approximately $75 million to acquire all of the outstanding shares of capital stock and other rights of Gigle Networks. The purchase price will be paid in cash, except that holders of unvested employee stock options will receive Broadcom equity awards.