Re: Broadcom , No Shame Here ----->
Long Term Sounds Excellent. IPO? Depends on the price you bought or buy your shares.
No Shame here................
Intel, Cisco, GI, all own 1 million shares. There are a few others
but I can't find the story.
Broadcom's semiconductors are used in broadband (high-speed) data and video transmission products. The company controls the market for cable modems and digital set-top boxes. Its chips are also used in products for the Ethernet networking, digital broadcast satellite, and digital subscriber line markets. Broadcom's customers include Cisco, Motorola, Northern Telecom, General Instrument, Scientific-Atlanta, and Samsung. It has international sales offices in the Netherlands, Singapore, and the UK.
Underwriter(s):
MORGAN STANLEY DEAN WITTER & CO
BT ALEX BROWN INC
DEUTSCHE MORGAN GRENFELL INC
HAMBRECHT & QUIST LLC
broadcom.com
General Instrument and Broadcom Announce Strategic Partnership
for Next-Generation Digital Set-Top Terminal Silicon
3Com, Bay Networks, Cisco Systems, Com21, General Instrument,
Hewlett-Packard, and Scientific-Atlanta Will Develop Interoperable MCNS Compliant Cable Data Modems Based on Broadcom Corp.'s Silicon Platform
New Orleans, NCTA -- March 17, 1997 -- Broadcom Corp. announced today that 3Com, Bay Networks, Inc., Cisco Systems, Com21, General Instrument Corp., Hewlett-Packard, and Scientific-Atlanta plan to develop high-speed cable data modems and headend equipment based on Broadcom's Multimedia Cable Network System (MCNS) compliant silicon. These relationships with Broadcom advance the progress for industry-wide MCNS interoperability and signify the industry's first step toward providing consumers and cable operators with interoperable cable data modems at competitive prices from multiple sources.
"The use of a common chip set from Broadcom provides the basis for interoperability of first generation MCNS compliant cable data modems," said Henry Nicholas, Broadcom's president and CEO. "We're pleased to work with these leading modem manufacturers toward the development of a true interoperable, cable modem."
First released last year, the MCNS specification was developed by a consortium of leading MSOs to ensure the rapid availability of interoperable, high-speed cable data modems from multiple vendors, which consumers could ultimately purchase through retail outlets at competitive prices. The specification defines the characteristics of the radio frequency interface, the message sets, and the signaling sequences between the headend and subscriber modems that are necessary to achieve interoperability. The MCNS consortium will release the interim specification at the National Cable Television Association (NCTA) this week.
"This announcement is a great response to the effort that the cable industry and its suppliers have undertaken," said Dr. Richard R. Green, president and CEO of CableLabs. "Our cable operator members look forward to the time when these cable modems will be available at retail stores and cable customers who wish to buy them will have choice and competitive pricing," Green added.
Broadcom's silicon platform consists of six integrated devices that are fully compliant with the MCNS radio frequency interface specification and the cable modem TELCO return specification. These devices will provide manufacturers with an end-to-end, interoperable cable data modem solution, which operates at data rates up to 40 Mbps downstream and up to 10 Mbps upstream. Broadcom's cable data modem devices consist of the BCM3116 64/256 QAMLink( Receiver with FEC, the BCM3036 QAMLink Burst Modulator, and the BCM3220 MCNS Subscriber MAC. The headend equipment devices consist of the BCM3033 Universal Modulator, the BCM3136 QAMLink Burst Demodulator, and the BCM3210 MCNS Headend MAC.
Broadcom expects that prototype cable data modem equipment using the company's devices will be demonstrated in 4Q97 with production beginning in 1998. Broadcom and these cable modem manufacturers also plan to work together to develop a cable data modem interoperable testing and certification plan.
Broadcom Corp. is a leading supplier of silicon solutions for the broadband digital communications market and is a market leader for digital transmission solutions in the cable TV and cable modem markets. Broadcom's customer base includes leading equipment manufacturers in the local area network, cable TV, direct broadcast satellite, xDSL, and digital microwave radio markets.
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General Instrument and Broadcom Announce Strategic Partnership
for Next-Generation Digital Set-Top Terminal Silicon
Irvine, CA - March 25, 1998 - Broadcom Corporation and General Instrument (NYSE:GIC) today announced a strategic partnership for the development of highly integrated silicon solutions for advanced interactive digital set-top terminals. According to the terms of a Development, Supply and License Agreement, General Instrument has agreed to purchase a guaranteed percentage of ICs for its digital cable set-top terminal subscriber products from Broadcom in each of the next four years covered by the agreement. In addition, General Instrument has licensed MPEG-2 decompression technology to Broadcom. General Instrument recently announced that it entered into long-term understandings with most of the leading cable system operators ("MSOs") to supply at least 15 million advanced digital set-top devices to such MSOs.
Broadcom has been selected by General Instrument as a strategic supplier for the ongoing integration of critical functions and technologies into more cost-effective silicon solutions. Broadcom has already partnered with GI on developing integrated silicon solutions for the transmission and control functions and the video, audio, and graphics functions for their DCT-1000 and DCT-1200 terminals.
Broadcom also will be working with GI to integrate more advanced features such as cable modem functionality into a cost-effective silicon solution for use in the DCT-5000+, GI's next generation advanced interactive digital cable terminals, expected to be introduced in early 1999. These modems will be designed to enable the units to facilitate high-speed data networking applications such as Internet access or IP telephony. This capability would be provided using a protocol defined by the Multimedia Cable Networking Systems ("MCNS") consortium, made up of leading MSOs. Broadcom's fully integrated communications solution will work with GI's unique triple tuner architecture to enable consumers to simultaneously watch TV and surf the Internet or watch and talk using cable IP telephony functionality.
Late last year, Broadcom announced the availability of an
MCNS/Data-Over-Cable-Service Interface Specification ("DOCSIS") cable-modem silicon platform, which includes the upstream, downstream and MAC chips for both cable modem subscriber units and cable modem termination systems. This technology will provide the basis for interactivity in advanced set-top terminal designs, which will incorporate the following key Broadcom technologies:
Cable-TV Tuner and RF Technology
64/256-QAM Receivers
QPSK Control Channel Receivers
QPSK/16-QAM Transmitters
MCNS/DOCSIS Media Access Control (MAC) Processors
"Through the cooperative efforts of General Instrument and Broadcom, we are working to integrate all of the silicon components of the next-generation digital set-top terminals into a single VLSI device, excluding the processor and memory," said Henry Nicholas, President and CEO of Broadcom Corporation. "With this objective in mind, we have developed an architecture and execution plan to deliver silicon, software and infrastructure support. This plan addresses today's legacy systems, as well as the emerging requirements of products that will enable value-added interactive services."
"We partnered with Broadcom because of its industry leadership in cable modem silicon technology and its strong commitment to the cable TV market," said David Robinson, Vice President and General Manager, Digital Network Systems at General Instrument.
"GI plans advanced digital set-top terminals supporting Internet telephony, Internet surfing, e-mail, electronic commerce, home banking, video-on-demand and a host of other interactive services based on the Broadcom chip set."
Broadcom is a leading developer of highly integrated silicon solutions, which enable broadband digital data transmission to the home and within the business enterprise.
Using proprietary technologies and advanced design methodologies, the Company has designed and developed integrated circuits for some of the most significant broadband communications markets, including the markets for cable set-top terminals, cable modems, high-speed networking products, digital broadcast satellite and terrestrial digital broadcast, and digital subscriber line (xDSL). Broadcom is based in Irvine, California, and can be reached at 714/450-8700 or at broadcom.com.
General Instrument (NYSE: GIC) is the world leader in analog and digital systems that provide video, audio and high-speed Internet/data services over cable and satellite TV networks. GI's cable and satellite TV operations have approximately 7,000 employees and annual sales of approximately $1.8 billion.
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