Avago Technologies
Encyclopedia
Avago Technologies is an American company which was earlier the semiconductor
Semiconductor
A semiconductor is a material with electrical conductivity due to electron flow intermediate in magnitude between that of a conductor and an insulator. This means a conductivity roughly in the range of 103 to 10−8 siemens per centimeter...

 products division of HP and later Agilent Technologies
Agilent Technologies
Agilent Technologies , or Agilent, is a company that designs and manufactures electronic and bio-analytical measurement instruments and equipment for measurement and evaluation...

, before being spun off
Spin out
A spin-out, also known as a spin-off or a starburst, refers to a type of corporate action where a company "splits off" sections of itself as a separate business....

 into a distinct legal entity. It holds more than 5,000 patent
Patent
A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of an invention....

s.

Products

Avago Technologies provides a range of analog, mixed-signal
Mixed-signal integrated circuit
A mixed-signal integrated circuit is any integrated circuit that has both analog circuits and digital circuits on a single semiconductor die.- Examples :...

 and optoelectronic components and subsystems to more than 40,000 customers. Avago sells over 6,500 products to OEM customers in the Wireless and Wired Communications, Industrial and Automotive Electronics and Consumer and Computing target markets.

Avago's product families include:
  • ASIC
    ASIC
    ASIC may refer to:* Application-specific integrated circuit, an integrated circuit developed for a particular use, as opposed to a customised general-purpose device.* ASIC programming language, a dialect of BASIC...

    s
  • Fiber Optics
    Optical fiber
    An optical fiber is a flexible, transparent fiber made of a pure glass not much wider than a human hair. It functions as a waveguide, or "light pipe", to transmit light between the two ends of the fiber. The field of applied science and engineering concerned with the design and application of...

  • LED
    LEd
    LEd is a TeX/LaTeX editing software working under Microsoft Windows. It is a freeware product....

    s & LED Display
    LED display
    An LED display is a flat panel display, which uses light-emitting diodes as a video display. An LED panel is a small display, or a component of a larger display. They are typically used outdoors in store signs and billboards, and in recent years have also become commonly used in destination signs...

    s
  • Motion Control Encoder Products
    Motion control
    Motion control is a sub-field of automation, in which the position or velocity of machines are controlled using some type of device such as a hydraulic pump, linear actuator, or an electric motor, generally a servo...

  • Navigation Interface Devices
  • Optical Sensors - Ambient Light Sensors
    Photodetector
    Photosensors or photodetectors are sensors of light or other electromagnetic energy. There are several varieties:*Active pixel sensors are image sensors consisting of an integrated circuit that contains an array of pixel sensors, each pixel containing a both a light sensor and an active amplifier...

     & Proximity Sensors
    Proximity sensor
    A proximity sensor is a sensor able to detect the presence of nearby objects without any physical contact.A proximity sensor often emits an electromagnetic or a beam of electromagnetic radiation , and looks for changes in the field or return signal. The object being sensed is often referred to as...

  • Optocouplers
    Opto-isolator
    In electronics, an opto-isolator, also called an optocoupler, photocoupler, or optical isolator, is "an electronic device designed to transfer electrical signals by utilizing light waves to provide coupling with electrical isolation between its input and output"...

     - Hermetic & Plastic
  • RF
    Radio frequency
    Radio frequency is a rate of oscillation in the range of about 3 kHz to 300 GHz, which corresponds to the frequency of radio waves, and the alternating currents which carry radio signals...

     & Microwave
    Microwave
    Microwaves, a subset of radio waves, have wavelengths ranging from as long as one meter to as short as one millimeter, or equivalently, with frequencies between 300 MHz and 300 GHz. This broad definition includes both UHF and EHF , and various sources use different boundaries...

     - Including Thin Film Bulk Acoustic Resonator (FBAR) filters and Power Amplifier
    Amplifier
    Generally, an amplifier or simply amp, is a device for increasing the power of a signal.In popular use, the term usually describes an electronic amplifier, in which the input "signal" is usually a voltage or a current. In audio applications, amplifiers drive the loudspeakers used in PA systems to...

    s for mobile phone
    Mobile phone
    A mobile phone is a device which can make and receive telephone calls over a radio link whilst moving around a wide geographic area. It does so by connecting to a cellular network provided by a mobile network operator...

    s.

Spin-Off

In late 2005 the semiconductor division of Agilent was acquired by Kohlberg Kravis Roberts and Silver Lake Partners
Silver Lake Partners
Silver Lake is a US-based private equity firm focused on leveraged buyout and growth capital investments in technology, technology-enabled and related industries...

, and became an independent company. Today it is one of the leading III-V semiconductor companies in the world, with approximately 3,200 employees and net revenue of $1.5 billion in fiscal 2009.

In 2006, PMC-Sierra
PMC-Sierra
PMC-Sierra is a fabless semiconductor company which develops and sells devices into the communications, storage, printing, and embedded computing marketplaces.-Corporate history:...

 purchased Avago Technologies storage semiconductor division.

In 2008, Avago Technologies filed a $400M IPO for the NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

 with the proposed ticker symbol AVGO.

In 2009, Avago Technologies filed an amended registration statement with the SEC for an initial public offering of its common stock. The Company is offering 36,000,000 shares and expects the offering price to be between $13–$15 per share. The Company plans to list on the NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

under the symbol "AVGO".

On Aug 5, 2009, Avago announced the initial public offering of 43,200,000 ordinary shares at a price to the public of $15.00 per share. ".

Following the successful IPO, the company began trading under the symbol AVGO as a public corporation.

On February 28, 2011, Avago announced the pricing of a secondary offering of 25,000,000 ordinary shares at a price to the public of $32.50 per share, resulting in private equity firms holding under 50% of the Company's shares. ".

On September 28, 2011, Avago announced the pricing of a secondary offering of 15,000,000 ordinary shares at a price to the public of $32.85 per share, resulting in private equity firms holding under 12% of the Company's shares. ".
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