# Broadcom to acquire Brocade Communications for $5.9 billion

Broadcom has agreed to buy Brocade Communications for $5.9 billion, including $5.5 billion in cash and $400 million of net debt, to strengthen its semiconductor and networking offerings.

- Type: Acquisition
- Announced: 2016-11-02
- Where: United States
- Value: $5.90B
- Status: announced
- Products: semiconductors, data-storage equipment, networking equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Broadcom](https://endata.com/companies/19514.md) (acquirer)
- [Brocade Communications](https://endata.com/companies/19515.md) (target)

## Sources

- [businessinsider.com](https://www.businessinsider.com/broadcom-buys-brocade-communications-2016-11), 2016-11-02: "Broadcom has agreed to buy Brocade Communications for $5.9 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.