NetLogic Microsystems

NetLogic’s product portfolio included knowledge-based processors, multi-core processors,{{cite web|access-date=2023-12-20 |date=2011-02-15 |title=NetLogic Microsystems Introduces Best-in-Class XLP™ Multi-Core Security Processor with Integrated NETL7™ Knowledge-based Processor |publisher=businesswire.com |url=https://www.businesswire.com/news/home/20110215005069/en/NetLogic-Microsystems-Introduces-Best-in-Class-XLP%E2%84%A2-Multi-Core-Security-Processor-with-Integrated-NETL7%E2%84%A2-Knowledge-based-Processor}} content processors, network search engines, high-speed 10 and 40 Gigabit Ethernet PHYs,{{cite web|access-date=2023-12-20 |date=2009-02-07 |title=NetLogic-RMI to intensify multicore battle |publisher=eetimes.com |url=https://www.eetimes.com/netlogic-rmi-to-intensify-multicore-battle/}} wireless base station digital front-end PHYs and low-power embedded processors. Its global customer base included Alcatel-Lucent, Cisco Systems, Dell, Ericsson, Google, Hewlett-Packard, Huawei Technologies, Juniper Networks and Nokia-Siemens.

It was in October 2007 that NetLogic Microsystems, Inc. signed a definitive agreement to acquire the privately held Aeluros, Inc., which created interface technologies and semiconductor products.{{cite web |url=https://www.businesswire.com/news/home/20071024006246/en/NetLogic-Microsystems-Acquire-Aeluros-Leading-Provider-Low-Power |title=NetLogic Microsystems to Acquire Aeluros, Inc., a Leading Provider of Low-Power 10-Gigabit Interface Technologies and Products |date=October 24, 2007 |website=www.businesswire.com }} In December 2010 NetLogic began using an implementation system developed by Magma Design Automation Inc, which created chip design software.{{cite web |url=https://www.nbcnews.com/id/wbna40548136 |title=NetLogic Microsystems Selects Magma's Talus IC Implementation System for Next-Generation 28-nm Knowledge-based Processor and Physical Layer Products |date=December 7, 2010 |website=NBC News }}

In 2011, NetLogic acquired Optichron for $22 million.{{cite web |url=https://xconomy.com/san-francisco/2011/03/21/netlogic-microsystems-acquires-optichron-for-220000000/ |title=NetLogic Microsystems Acquires Optichron for $220,000,000 |date=March 21, 2011 |website=www.xconomy.com }} From its IPO in 2004 through 2011, NetLogic grew at an annual rate of 39%, which was four to five times the average growth rate of semiconductor companies during that period. The company also enjoyed healthy profits, with gross profits in excess of 70% and net income in excess of 25% in 2011. NetLogic was one of the semiconductor industry's most innovative companies, having been granted more than 800 patents. The Global Semiconductor Alliance named NetLogic the Most Respected Emerging Public Semiconductor Company for three consecutive years, from 2009 to 2011.{{Cite web|url=http://www.gsaglobal.org/about-us/gsa-award-winners/|title=GSA Awards - Past Winners|last=|first=|date=|website=|publisher=|access-date=}}

On September 12, 2011, Broadcom Corporation agreed to buy NetLogic for $3.7 billion in cash.{{Cite news|url=https://www.reuters.com/article/us-broadcom-idUSTRE78B23T20110912|title=Chipmaker Broadcom to buy NetLogic for $3.7 billion|date=2016-09-12|newspaper=Reuters|access-date=2017-01-04}} It was a 57% premium to NetLogic's closing price on September 9, 2011.{{cite web |url=https://www.wsj.com/articles/SB10001424053111904265504576566311807622324 |title=Broadcom to Pay $3.7 Billion to Acquire NetLogic Microsystems |date=September 13, 2011 |website=www.wsj.com }} NetLogic shareholders received $50 a share.{{cite web |url=https://www.bloomberg.com/news/articles/2011-09-12/broadcom-agrees-to-buy-netlogic-microsystems-for-3-7-billion |title=Broadcom to Acquire NetLogic Microsystems for $3.7 Billion |date=September 12, 2011 |website=www.bloomberg.com }} It was Broadcom’s largest acquisition and its first acquisition of a publicly traded company. The acquisition closed in February 2012.{{Cite web|url=http://www.prnewswire.com/news-releases/broadcom-completes-acquisition-of-netlogic-microsystems-inc-139509648.html|title=Broadcom Completes Acquisition of NetLogic Microsystems, Inc.|last=Corporate|first=Broadcom Corporation; BRCM|website=www.prnewswire.com|access-date=2017-01-04}} According to the publication SlashGear, Broadcom hoped to boost its chipset division with the acquisition of NetLogic.{{cite web |url=https://www.slashgear.com/broadcom-buys-netlogic-to-boost-chipset-prowess-12178857/ |title=Broadcom buys NetLogic to boost chipset prowess |date=September 12, 2011 |website=www.slashgear.com}}

NetLogic was headquartered in Santa Clara, California, hired approximately 800 employees worldwide, and reported revenue of $405.4 million for its fiscal year 2012, its last fiscal year as a standalone company.

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