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Broadcom acquires NewPort for $1.2B
Communications chip maker Broadcom Corp. onMonday said it would buy optical communications chip maker NewPortCommunications Inc.
Communications chip maker Broadcom Corp. on Monday said it would buy optical communications chip maker NewPort Communications Inc. in a stock deal valued at $1.24 billion, extending Broadcom's reach in the fast-growing fiber optic communications market. Full story. -- Margaret Kane ZDII