Slide 1: Broadcom to Acquire Brocade
Exhibit 99.3 Investor Presentation November Broadcom to Limited 02,Acquire 2016Proprietary Brocade and Confidential. © 2016 Broadcom Limited. All rights reserved.
Slide 2: Announcement Overview
Announcement 1. 2. IP •3. 2accounting GAAP Non-GAAP |Acquiring Broadcom Networking Broadcom Netfor Revenue Brocade, to tightening Net Limited acquisitions business Overview retain Revenue Brocade’s expected Proprietary a Q4 including leader expected Fiscal intoFC Fibre and Ruckus be 2016 SAN to betw
Slide 3: Highly Strategic to Broadcom Enterprise Storage Business
Highly Fibre DAS storage 3Note: | Broadcom Channel SAN Strategic Smart = Storage Limited NICs ICs to Broadcom Area Proprietary Network. Enterprise andDAS Confidential. Storage = Direct Business Attached © 2016 Broadcom Storage. iSCSI Limited. = Internet All rights Small reserved. Computer Systems In
Slide 4: Adds Brocade's Leading Positions in Fibre Channel SAN
Adds Brocade’s Wireless RF Leading Key Positions % 14% Current Revenue(1) 22% 4(1) | of Broadcom Revenue +Customers Total Touch Another Pro PCombo Communications Fibre P56% Forma Broadband Pby Limited Key Pend 51% P Channel Set-Top PElement Current market PNet PProprietary PHY PSAN 25% Box Wired Pro
Slide 5: Acquisition Commentary: Accretive Financial Profile
Acquisition Commentary FC Annualized of Non-GAAP ($ Net efficiently Gross Operating •~45% EBITDA Note: non-GAAP reconciliation (2) 5(3) Accretive comprises Pro Supports Drives | in Brocade’s Broadcom Broadcom Depreciation SAN Reve Billions) forma Non-GAAP Margin strong currently $7.2 Margin $16.6 In
Slide 6: Transaction Overview: Purchase Price, Sources and Timetable
Transaction $Purchase N Sources FC F EBITDA approximately A Approval S Expected •E Note: conditions Timetable (1) calculated forma 6for ©12.75 5.5 Y2018E ubject xpected ew nticipate pproval | 2016 Broadcom Pro any SAN billion debt Non-GAAP net per forma proceeds to Broadcom of Projected Price Contri
Slide 7: Strategically Strengthens, Complements, Immediately Accretive
Strategically Strengthens Complements Accretive Immediately Boosts 7Note: | Broadcom Non-GAAP FCF to position generation non-GAAP accretive and Limited existing Financially data inProprietary to enterprise exclude, enterprise togross non-GAAP support Compelling margins where storage data significant
Slide 8: Broadcom connecting everything
Broadcom connecting everything