Bankruptcy
Mar. 25, 2003
Chip Developer Buys Assets of Bankrupt Firm
Chip manufacturer Broadcom Corp. of Irvine has acquired some of the assets of bankrupt company Gadzoox Networks Inc. Broadcom paid $5.8 million in cash to acquire both intellectual property and physical assets. Gadzoox, a provider of networking infrastructure, filed for bankruptcy relief in August in U.S. Bankruptcy Court in San Jose.
Broadcom paid $5.8 million in cash to acquire both intellectual property and physical assets. Gadzoox, a provider of networking infrastructure, filed for bankruptcy relief in...
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