# Avago Technologies to acquire Emulex for $606 million

Avago Technologies Limited agreed to acquire Emulex Corporation for $8 per share in cash, in a transaction valued at approximately $606 million. Emulex will operate as a business unit within Avago's enterprise storage segment.

- Type: Acquisition
- Announced: 2018-05-10
- Value: $606.0M
- Status: announced
- Products: network connectivity solutions, server storage connectivity, fiber optic products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Avago Technologies](https://endata.com/companies/31820.md) (acquirer)
- [Emulex Corporation](https://endata.com/companies/31821.md) (target)

## Sources

- [investors.broadcom.com](https://investors.broadcom.com/news-releases/news-release-details/avago-technologies-limited-acquire-emulex-corporation-8-share), 2018-05-10: "Emulex's connectivity business fits very well with Avago's existing portfolio serving the enterprise storage end market."

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