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Broadcom to move headquarters to US

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Singapore-based semiconductor company Broadcom Ltd. plans to move its legal headquarters to the United States, officials announced Thursday at the White House.

Broadcom’s legal address will be registered in Delaware; its U.S. headquarters is already in San Jose, California. Broadcom CEO Hock Tan said the switch would bring $20 billion in revenue to the states.

Broadcom is waiting on regulatory approval to buy San Jose's Brocade Communication Systems for $5.9 billion.

Read more from the Silicon Valley Business Journal.

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