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Mike Blake/Reuters Broadcom has pulled its $ 117 billion bid to acquire Qualcomm. President Donald Trump blocked the deal Monday, citing national security concerns. Broadcom still plans to move to the US. (Reuters) – Singapore-based Broadcom Ltd withdrew its $ 117 billion bid to acquire Qualcomm Inc on Wednesday, two days after U.S. President Donald Trump blocked […]
Reuters/Rick Wilking The Wall Street Journal reported Friday that Intel was mulling a bid for chip manufacturer Broadcom. Intel said it does not comment on “rumors and speculation,” but added that its focused on its recent acquisitions. Broadcom itself has a hostile takeover bid out for Qualcomm. Intel responded to a report that it is […]
The Jacobs’ family semiconductor business, otherwise known as Qualcomm, has been battered by market forces in recent years and is now trying to fight a hostile takeover bid by Broadcom. While it remains to be seen whether Qualcomm will survive as an independent business, it seems that the founder’s scion will no longer have a hand […]
Rival 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 […]
Broadcom clearly isn’t taking Qualcomm’s “no” for an answer. Reuters sources have claimed that the wireless chip giant is about to raise its takeover bid for Qualcomm from $ 70 per share to between $ 80 and $ 82 per share — a huge increase for a deal that would have already set records. It […]
Thomson Reuters Broadcom is under investigation by the Federal Trade Commission, according to a story published Wednesday by the Wall Street Journal. Semiconductor company Broadcom is under investigation regarding whether it engaged in anticompetitive tactics during customer negotiations. The Federal Trade Commission is investigating whether chipmaker Broadcom engaged in anticompetitive tactics in negotiations with customers, […]
(Reuters) — Communications chipmaker Broadcom Ltd is planning to unveil a bid for smartphone chip supplier Qualcomm Inc by Monday, three sources familiar with the matter said on Friday, an attempt to create a roughly $ 200-billion company through the biggest technology acquisition ever. A tie-up would combine two of the largest makers of wireless […]
Enlarge (credit: Cheon Fong Liew) LAS VEGAS—It’s not often that a security researcher devises an attack that can unleash a self-replicating attack which, with no user interaction, threatens 1 billion smartphones. But that’s just what Nitay Artenstein of Exodus Intelligence did in a feat that affected both iOS and Android devices. At the Black Hat […]
