Broadcom pays $18 million for Cirrus patents

By Ina Fried
Staff Writer, CNET News

Print
E-mail
Share

Communications chipmaker Broadcom said Wednesday that it paid $18 million to acquire a set of storage technology patents from rival Cirrus Logic. Broadcom said the patents represent a subset of the patent portfolio that Cirrus has in the areas of optical and magnetic storage.

"We remain focused on continuing to expand the size and breadth of our patent portfolio, both organically and through acquisition, and are always interested in opportunities of this kind," Broadcom CEO Lanny Ross said in a statement.

See more CNET content tagged:
Broadcom Corp., Cirrus Logic Inc., patent

Latest tech news headlines

Lifestreaming in Obamaland
Posted in Outside the Lines by Dan Farber

November 21, 2008 11:59 PM PST
Judge orders Ballmer to testify in Vista suit
Posted in Beyond Binary by Ina Fried

November 21, 2008 7:35 PM PST
Army backs Hydrogen Highway
Posted in Military Tech by Mark Rutherford

November 21, 2008 5:50 PM PST
See all headlines

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

More feeds available in our RSS feed index.

Markets: Market news, charts, SEC filings, and more; Related quotes; Broadcom (3.30%) 0.45 14.09; Dow Jones Industrials (6.54%) 494.13 8,046.42; S&P 500 (6.32%) 47.59 800.03; NASDAQ (5.18%) 68.23 1,384.35; CNET TECH (5.95%) 56.25 1,002.00

Inside CNET News

Scroll Left Scroll Right

Business Tech
Five reasons Sun won't be acquired
Amid a tight credit market and skepticism about the computer company's product lineup, a dramatic restructuring might be the only way to make investors happy.
Gallery
Photos: Gadgets we're thankful for, Part 1
Military Tech
Army backs Hydrogen Highway
US Army has awarded a $1.8 million contract to develop hydrogen filling stations.
Outside the Lines
Lifestreaming in Obamaland
The technologies that helped Obama reach the White House are going to make the president-elect's life more transparent and scrutinized than any previous White House occupant.
Video
The BlackBerry Storm touches down
Digital Media
MySpace Music to name Courtney Holt chief next week
The lengthy CEO search at MySpace Music is finally coming to an end. Now let's see what the new guy can do against Apple.
Video
SF Bay Area plugs in
Politics and Law
The key to innovation: Privately owned fiber?
A paper released by the New America Foundation proposes encouraging consumers to purchase their own fiber lines.
Cutting Edge
Water ice glaciers spotted on Mars
NASA scientists find what they believe are huge water ice glaciers sitting just beneath the Martian surface.
Gallery
Photos: Nokia, Navteq team up as traffic monitors
Crossfade
Hearts Revolution, 'Switchblade': Free MP3 of the Day
Download a free MP3 of "Switchblade" courtesy of CNET Download Music.
Green Tech
Google crunches numbers on clean-energy policy
Search giant pressures policy makers with an analysis arguing that government and business can clean the U.S. energy supply while stimulating the economy.