ARM (LSE: ARM); (Nasdaq: ARMHY), and Broadcom Corporation (Nasdaq: BRCM), a leading provider of highly integrated semiconductor solutions enabling broadband communications, announced today a broad agreement to partner in the development of ARM® technology-based products optimized for a wide range of communications applications.

The partnership will enable Broadcom to use ARM technology to further accelerate its leadership position in a number of markets, including next-generation mobile, networking, and wireless devices. The two companies also expect that through the extended partnership, Broadcom's expertise in broadband and wireless communications will assist ARM in developing better microprocessor solutions for these high-growth markets.