Avago Technologies completed the acquisition of System-on-Chip operations of Seagate Technology for $600m.

Avago Technologies, a designer, developer and global supplier of analog semiconductor devices, completed the acquisition of System-on-Chip operations of Seagate Technology, an American data storage company, for $600m. The transaction is a strategic move for Seagate, a leader in data storage solutions, as it divests a part of its business portfolio. For Broadcom, a global technology company specializing in semiconductor and infrastructure software solutions, the acquisition represents a strengthening of its SoC capabilities.