Avago Technologies posts $1.36B profit for 2015 fiscal year

Semiconductor manufacturer Avago Technologies on Wednesday reported a $1.36 billion profit for its 2015 fiscal year that ended Nov. 1.

The net income amounted to $4.85 per diluted share, up from $263 million, or 99 cents per share, in 2014.

The gains came on $6.8 billion in revenue, an increase of nearly $2.6 billion over the prior year, fueled in part by acquisitions of LSI Corp., PLX Technology and Emulex Corp.

San Jose-based Avago has its largest facility in Fort Collins, where the company employs some 1,300-plus people. The company makes semiconductors for a variety of markets, including wireless devices and enterprise storage…