Chipmakers Qualcomm and Broadcom are fighting to figure out the terms of a $160 billion acquisition

Steven Mollenkopf ceo qualcommRival computer chip design and manufacturing companies Qualcomm and Broadcom are publicly hashing out the details of a merger deal that could reach a $ 160 billion (£114 billion) price tag.

The prospective deal came about in November when Broadcom made an offer to buy its rival Qualcomm.

Qualcomm executives initially resisted the deal, but The Financial Times now reports that the company is open to being acquired — but only for a price tag of $ 160 billion.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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