
Company Website:
http://www.netlogicmicro.com
SANTA CLARA, Calif. -- (Business Wire)
NetLogic Microsystems, Inc. (NASDAQ:NETL), a worldwide leader in high
performance intelligent semiconductor solutions for next-generation
Internet networks, announced today that at a special meeting of NetLogic
Microsystems stockholders held on November 22, 2011, its stockholders
approved the adoption of the merger agreement among NetLogic
Microsystems, Broadcom Corporation and I&N Acquisition Corp., pursuant
to which NetLogic Microsystems would be acquired by Broadcom for $50.00
per share in cash.
Of the 69,596,864 shares of NetLogic Microsystems common stock
outstanding as of the record date for the special meeting, 55,837,168
shares, or approximately 80.23% of NetLogic Microsystems’ outstanding
common stock, were represented at the special meeting in person or by
proxy. An aggregate of 55,623,503 shares, or approximately 77.92% of
NetLogic Microsystems’ common stock outstanding as of the record date
for the special meeting, were voted in favor of the adoption of the
merger agreement.
The completion of the merger remains subject to the satisfaction of
certain closing conditions, including the receipt of clearance by the
Chinese Ministry of Commerce under the Chinese Antimonopoly Law.
About NetLogic Microsystems
NetLogic Microsystems, Inc. (NASDAQ:NETL) is a worldwide leader in
high-performance intelligent semiconductor solutions that are powering
next-generation Internet networks. NetLogic Microsystems’ best-in-class
products perform highly differentiated tasks of accelerating complex
network traffic to significantly enhance the performance and
functionality of advanced 3G/4G mobile wireless infrastructure, data
center, enterprise, metro Ethernet, edge and core infrastructure
networks. NetLogic Microsystems’ market-leading product portfolio
includes high-performance multi-core processors, knowledge-based
processors, content processors, network search engines, ultra low-power
embedded processors and high-speed 10/40/100 Gigabit Ethernet PHY
solutions. These products are designed into high-performance systems
such as switches, routers, wireless base stations, security appliances,
networked storage appliances, service gateways and connected media
devices offered by leading original equipment manufacturers (OEMs).
NetLogic Microsystems is headquartered in Santa Clara, California, and
has offices and design centers throughout North America, Asia and
Europe. For more information about products offered by NetLogic
Microsystems, call +1-408-454-3000 or visit the NetLogic Microsystems
Web site at http://www.netlogicmicro.com.

Contacts:
Investor Relations Contact:
Green Communications Consulting,
LLC
Leslie Green, 650-312-9060
leslie@greencommunicationsllc.com
Source: NetLogic Microsystems, Inc.
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