Broadcom Inc. is an American semiconductor and infrastructure software company. Its roots trace to 1961 as a Hewlett-Packard division.
The company trades on NASDAQ under ticker AVGO and surpassed $1 trillion in market cap in December 2024.
Broadcom is headquartered in Palo Alto, California, with 58% of revenue from chips and 42% from software.
About Broadcom
Broadcom Founders
Sector
Technology
Industry
Semiconductors & Infrastructure Software
CEO
Hock Tan
Website
Headquarters
Palo Alto, CA
Founded
1961 (as HP Associates)
Status
Public (NASDAQ: AVGO)
Henry Samueli
Co-Founder, Chairman of the Board
Henry T. Nicholas III
Co-Founder, Former CEO
Hock Tan
President & CEO (since 2006, architect of acquisition strategy)
Broadcom History
1961
Hewlett-Packard establishes HP Associates, its semiconductor products division and Broadcom's earliest predecessor.
2005
KKR and Silver Lake Partners acquire Agilent's semiconductor group for $2.6 billion, forming Avago Technologies.
2016
Avago Technologies acquires Broadcom Corporation for $37 billion and adopts the Broadcom name.
2023
Broadcom completes its $69 billion acquisition of VMware, one of the largest tech deals ever recorded.
2024
Becomes the 12th company globally to surpass a $1 trillion market capitalization.
FAQs
Who owns Broadcom?
Broadcom Inc. is a publicly traded company on NASDAQ under the ticker AVGO. Shares are held by institutional and retail investors. Hock Tan serves as president and CEO.
When did Broadcom come out?
The current entity traces back to 1961 as HP Associates within Hewlett-Packard. The Broadcom Corporation brand was founded in 1991. Avago Technologies adopted the Broadcom name after its 2016 acquisition.
Is Broadcom an American company?
Yes. Broadcom Inc. is an American multinational corporation incorporated in Delaware and headquartered in Palo Alto, California.
Who made Broadcom logo?
The original Broadband Telecom logo was designed by Stacey Nicholas, inspired by the mathematical sinc function. Los Angeles graphic designer Eliot Hochberg created the modern version of the Broadcom logo.