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Broadcom Ltd (NASDAQ: AVGO), a leading diversified global semiconductor developer, is said to have acquired Israeli WAM technology developer MagnaCom Ltd, Globes reported. The purchase price has been estimated by Israeli media sources at $50 to $60 million. Last year, Avago Technologies Ltd, a prominent part supplier to Apple Inc. (NASDAQ: AAPL), acquired Irvine, California-based Broadcom Corp. (formerly NASDAQ: BRCM) for $37 billion in cash and stock, and changed its name to Broadcom at closing, in February 2016. The combined entity became the world’s third-largest wireless company by revenue. Broadcom’s roots are based on the technical heritage of technology powerhouses AT&T/Bell Labs, Lucent and Hewlett-Packard/Agilent. MasgnaCom was founded in 2012 by former Motorola and BroadCom executive, and Technion graduate Yossi Cohen, CEO, and digital communications and mathematics scientist and Tel-Aviv University graduate Amir Eliaz, CTO, and is based in Petah Tikva, Israel, and Laguna Nigel, California. The privately-held company was funded by angel investors, including Qualcomm’s former president and vice chairman Steve Altman, who joined the MagnaCom team as an active advisor in February 2014. MagnaCom is a technology IP license provider based in Israel and Orange County, California. The company is focused on reducing the bandwidth needed in wired and wireless communications, via WAM technology embedded in semiconductor chips, an alternative to Quadrature amplitude modulation. MagnaCom’s WAM technology applies to carriers, handset manufacturers, any wired and wireless system OEMs, and communication IC vendors who strive to save spectrum, increase bandwidth, speed and distance or reduce power consumption. MagnaCom’s WAM-RX is a new ultra-sensitive Wi-Fi receiver technology that improves power, range and speed. WAM technology uses spectral compression which improves spectral efficiency. The spectral compression enables an increase of the signaling rate (e.g. by 2x) thereby affording the use of lower order alphabet (e.g. a 64 constellation alphabet instead of 4096), which reduces complexity. It provides inherent diversity of time and frequency domains and uses nonlinear signal shaping and adaptive nonlinear model learning. The nonlinearities are handled digitally at the receiver side, allowing a lower-cost and lower-power transmitter design. With 15 patents and over 50 pending, MagnaCom is challenging the 40-year dominance of QAM as the modulation of choice for all advanced wired and wireless systems. Broadcom is a leading designer, developer and global supplier of a broad range of analog and digital semiconductor connectivity solutions. Its product portfolio comprises broadband access and modems, enterprise and network processors, wireless infrastructure, wireless connectivity, Ethernet communication and switching, and set-top box and media processors. The company’s products are used in various applications, including data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems, and displays. It primarily serves wired infrastructure, wireless communications, enterprise storage, and industrial and other markets in China, the United States, Singapore, and internationally. The company was founded in 2005 and is headquartered in Singapore. Broadcom has 8,200 employees and a market capitalization of $55.7 billion.]]>