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Product category: Communications ICs (Wireless)
News Release from: Broadcom Corp
Edited by the Electronicstalk Editorial Team on 13 June 2007

Acquisition locates Broadcom in GPS chip
market

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Broadcom Corp has signed a definitive agreement to acquire Global Locate, a privately held, fabless provider of GPS and assisted GPS semiconductor products and software.

Broadcom Corp has signed a definitive agreement to acquire Global Locate, a privately held, fabless provider of GPS and assisted GPS semiconductor products and software GPS is expected to join Bluetooth and similar wireless technologies as a pervasive feature in next generation mobile devices

Global Locate's semiconductor solutions are used in mobile phones from leading cellular handset makers and incorporated into products from TomTom, the largest personal navigation device (PND) vendor in the world.

GPS products and location based services (LBS) are increasing in popularity with consumers and cellular service providers as both take advantage of the ability to identify exact geographical location by means of faint radio signals transmitted from a system of orbiting satellites.