Irvine chipmaker Broadcom has struck a deal to move its headquarters to the city’s University Research Park, taking 700,000 square feet in eight buildings.
Broadcom plans to move from its current Irvine Spectrum base in two years. The Irvine Company, which owns University Research Park, plans to put up buildings for the chipmaker.
In all, Broadcom is set to expand its operations by more than 200,000 square feet in one of the largest office leases for Orange County.
The move brings Broadcom closer to the University of California, Irvine, which helped develop University Research Park with the Irvine Co.
The engineering school at UCI is named for Broadcom cofounder and Chairman Henry Samueli.
“This move affords us an excellent opportunity to consolidate our growing business while moving closer to John Wayne Airport and UCI, one of the best research universities in the nation,” Samueli said. “We’ve developed a great working relationship with UCI and look forward to many years of successful collaboration.”
Other companies at University Research Park include Time Warner Inc.’s America Online, Intel Corp., Cisco Systems Inc. and Skyworks Solutions Inc.
