None of the guys I work with knew anything about Avago, so something was fishy. Sure enough, they have no engineering history. It started life when HP spun out their semiconductor unit as part of Agilent in 1999. After the dot-com bubble burst it was bought by KKR and Silver Lake in 2005 for 2.6 billion. That is when it went from an engineering to money driven company. KKR, recall, is the notorious leveraged buyout company of the 80's.