Digital Home - Thursday, May 3, 2007
Broadcom Buys Digital Home Chip Maker Ocatalica For $35M
Broadcom [Nasdaq:BRCM] has acquired Israeli start-up Octalica for $35M. Octalica sells semiconductors and software for the home multimedia networking market.
Octalica was founded in Israel 2001 and raised $10M in three financing rounds. The company’s investors include Cedar Fund as part of its pre-seed program in which it helped the company develop its product, Genesis Partners, Giza Venture Capital, Stage One Ventures, and Fishman Holdings subsidiary Globescom.
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