Broadcom pushes farther into home network with Gigle acquisition

Acquisitive silicon vendor Broadcom is making another move into the broadband over powerline (BPL) business by acquiring privately held system-on-a chip (SoC) vendor Gigle Networks for about $75 million.

With Gigle, Broadcom will be able to fatten its toolbox of chips for home networking vendors as well as integrate the technology into the wide scope of products it builds for set-top boxes and wireless and wireline routers.

For Gigle, being acquired was probably better than going it alone and Broadcom "is a well known leader in designing highly integrated home networking SoCs to enhance the consumer infotainment experience in the home," Gigle President-CEO Carlos Riveiro said in a news release. "As the segment evolves and new standards emerge, such as, technologies form both companies can be combined."

For more:
- see this news release

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