The story, "Broadcom to pay $3.7B for comms processor maker NetLogic," misstated NetLogic Microsystem's company name in the headline, first and fourth paragraphs, all of which have been corrected on the wire and now read, in that order:

Broadcom to pay $3.7B for comms processor maker NetLogic

Broadcom has agreed to acquire communications processor company NetLogic Microsystems for US$3.7 billion, the companies announced Monday.

The companies expect to close the deal in the first half of next year, subject to approval from regulators and NetLogic shareholders.