NetLogic Microsystems

Broadcom acquires networking chip maker NetLogic

Wireless chipmaker Broadcom Corp. announced Monday that it is buying smart chip maker NetLogic Microsystems in a bid that would enhance its range of chipmaking technology for more advanced networks.

NetLogic Microsystems Plunged: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of fabless chip designer NetLogic Microsystems (Nasdaq: NETL) briefly dipped 10% below last night's closing price in early trading today, before recovering to a more modest 4.5% fall.