Chip maker Broadcom will pay more than $120 million to acquire Alphamosaic, a British maker of chips for cell phone graphics. The move continues a resumed buying spree for Broadcom, which has announced five other acquisitions this year.
The deal with Cambridge-based Alphamosaic will help Broadcom in the growing market for camera phones…Alphamosaic’s initial cell phone chip is being used by Samsung, among others, allowing for phones with MP3 playback, video messaging and megapixel-class cameras.
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