Trade Broadcom Inc. - AVGO CFD

Broadcom Company profile

Broadcom Limited (AVGO) is a global technology company that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions.

Formerly known as Avago Technologies Limited, it changed its name to Broadcom Limited in February 2016 after Avago Technologies acquired Singapore-based Broadcom in 2015.

The company, which is headquartered in San Jose, California, operates through two segments: Semiconductor Solutions and Infrastructure Software. 

Semiconductor Solutions offers semiconductors for managing data movement in the data centre, telecom, enterprise and embedded networking applications. In addition, it provides a selection of radio frequency (RF) semiconductor devices, wireless connectivity solutions and custom touch controllers for the wireless market. 

It also offers semiconductor solutions for set-top box and broadband access applications and the secure transfer of digital data between host machines like servers, personal computers and storage systems, and the underlying storage devices like hard disk drives and solid-state drives.

The Infrastructure Software segment offers a range of software products, including mainframe software, distributed software, Symantec cyber security and payment authentication. 

Broadcom’s software clients include banks, insurance organisations, government agencies, global IT services, telecommunication providers, educational institutions and health institutions. Its clients are mainly corporations with multi-vendor IT environments.

The company sells its products through a direct sales force and a select global network of distributors and channel partners. 

Broadcom’s shares are traded on the NASDAQ under the ticker symbol AVGO.