M&A: Avago grabbed Broadcom, Intel grabs Altera

Avago continues its acquisition spree. Broadcom (network chipsets and NPUs, CPUs, etc.). This is looking like a more integrated semiconductor IP play here. They grabbed LSI, and shed the non-chippery bits. They grabbed PLX. And Emulex. As they say, curiouser and curiouser. This makes perfect sense to me, and given the other acquisition announced today, I am going to bet they will be talking (at least) to Xilinx. And then there’s Intel. Who just announced a purchase of Altera.