Broadcom Combines Six Units Into Four
From Bloomberg News
Broadcom Corp., the largest maker of cable-modem computer chips, combined its six marketing and product development units into four to improve sales and marketing to customers.
No jobs will be cut, Irvine-based Broadcom said. The four new units are enterprise computing, network infrastructure, mobile and wireless, and broadband communications, the company said.
Shares of Broadcom rose 50 cents to $27 on Nasdaq.
