October 27, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Broadcom Corp. (NASDAQ: BRCM), a maker of semiconductors for wired and wireless communications, said that it has signed a definitive agreement to acquire Percello Ltd., a privately-held company that develops system-on-a-chip solutions for femtocells.

Femtocells are small, low power cellular base stations that extend coverage indoors where signals are weak.  

Used primarily in residential and enterprise business settings, femtocells communicate with a service provider's network through a broadband connection, allowing users to continue using their mobile devices without losing connectivity.  

Broadcom said it expects that the acquisition of Percello will enable it to lower overall bill of material cost and accelerate the time to market for best-in-class and energy-efficient femtocell technology.

California-based Broadcom offers a portfolio of system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices.

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