Cypress to acquire Broadcom’s IoT business for $550 million
Semiconductor firm Cypress has announced a $550 million acquisition of Broadcom’s Internet of Things (IoT) division. It comes on the same day Cypress CEO T.J. Rodgers revealed his intention to step down as leader of the company he founded, after 34 years in charge. The acquisition includes Broadcom’s Wi-Fi, Bluetooth, and Zigbee IoT products and… Read more »