Banking & Finance  May 29, 2015

Avago may absorb more chip-making competitors

Global semiconductor firm Avago Technologies Ltd., with operations in Fort Collins and Longmont, reportedly wants to acquire some of its chip-making competition, which includes another Longmont company, Xilinx Inc.

The big question in Northern Colorado and the Boulder Valley is how an acquisition would affect Avago’s Colorado operations.

Officials at Avago, which has dual headquarters in San Jose, Calif., and Singapore and 4,700 employees worldwide, and Xilinx, with 3,500 workers throughout the globe, are keeping mum on the subject. Xilinx’ headquarters also is in San Jose.

Earlier this month, news agency Reuters cited unnamed sources who said Avago has…

Sign up for BizWest Daily Alerts
Closing in 8 seconds...