Broadcom will pay up to $98m for Percello, an Israel-based developer of microchips for boosting mobile signals indoors, including $12m in performance fees.
Broadcom, a Nasdaq-listed communications equipment supplier that has made more than 40 acquisitions, has agreed its second purchase in the past month of a corporate venture-backed company.
Broadcom will pay up to $98m for Percello, an Israel-based developer of microchips for boosting mobile signals indoors, including $12m in performance fees.
Percello closed its series B round at $12m in September 2008 from venture capital firms Granite Ventures and Vertex Venture Capital and T-Mobile Venture Fund, managed by T-Venture, the…