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KKR and Silver Lake Partners acquired the division of Agilent Technologies in 2005 for $2.6 billion and formed Avago Technologies. The company was founded in 1961 as a semiconductor products division of Hewlett-Packard.The division separated from Hewlett-Packard as part of Agilent Technologies in 1999. The Broadcom Corporation ticker symbol BRCM was retired. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The company is incorporated in Singapore, and is headquartered in San Jose, California.Avago took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. Hock Tan is the company's president and CEO. Broadcom Limited (formerly Avago Technologies) is an American designer, developer and global supplier of products based on analog and digital semiconductor technologies within four primary markets: wired infrastructure, wireless communications, enterprise storage and industrial & others.