Broadcom to buy LTE chip biz for $164M

Broadcom(s bcom) is aggressively moving forward with radios to connect all of the things, saying on Wednesday that it will buy a carrier-validated LTE system on a chip from an affiliate of Renesas. The carrier validation mean customers can just pop this SoC into a product and get it quickly online, making it perfect for those wanting to build connected gadgets with cellular connectivity.