Thursday, February 22, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Qualcomm Introduces First Integrated 802.11ax-ready Solution for Smartphones
Google Brings Digital Assistant to Nest Camera
ARM Wants to Integrate a SIM Card into SoCs for IoT
Qualcomm Announces New Snapdragon 845 Mobile VR Reference Design, Qualcomm TrueWireless Stereo Technology
Broadcom Lowers Offer for Qualcomm
Fujitsu Releases with the new 2 in 1 Tablet STYLISTIC Q738
AMD Brings x86 'Zen' Architecture to the Embedded Market With new Ryzen Processors
Battery Makers Struggle to Source Cobalt, Including Apple
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Broadco...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, November 04, 2017
Broadcom to Bid for Qualcomm: reports


Broadcom Ltd is planning to unveil a bid for smartphone chip supplier Qualcomm by Monday, an attempt to create a $200-billion company through the biggest technology acquisition ever.

According to sources from multiple news outlets including Reuters and Bloomberg, an offer for Qualcomm of about $70 a share would include cash and stock and is likely to be made in the coming days.

A tie-up would combine two of the largest makers of wireless communications chips for mobile phones and raises the stakes for Intel, which has been diversifying into smartphone technology from its stronghold in computers.

The combination would dwarf Dell's $67 billion acquisition of EMC in 2015 and meld Qualcomm's dominance of chips that connect handsets to wireless networks with Broadcom's expertise in chips that link devices to Wi-Fi networks.

Qualcomm is not aware of the details of Broadcom's bid, and it is far from certain whether it will entertain this deal, the reports added.

Qualcomm declined to comment, while Broadcom did not immediately respond to a request for comment.

The bid comes as Broadcom plans to move its headquarters to the United States from Singapore. U.S. President Donald Trump commented on the move on Thursday at a White House event where Chief Executive Hock Tan cited Republican tax efforts.

The proposal comes as Qualcomm is trying to close its pending $38-billion acquisition of NXP Semiconductors NV, one of the largest makers of chips for vehicles.

Broadcom is also looking to complete its $5.5 billion purchase of Brocade Communications Systems.

Qualcomm faces a legal battle with Apple over Qualcomm's licensing terms to Apple and Apple is considering dropping Qualcomm chips from its phones.

Qualcomm and Broadcom have patent portfolios in wireless communications that are largely adjacent to each other, with Qualcomm covering mobile data networks and Broadcom covering WiFi and Bluetooth.

Seperately, The Wall Street Journal reported Friday that Marvell Technology is in talks to acquire another communications chip vendor - Cavium Technologies - in a move that would create a company with a combined valuation of about $14.5 billion.



Previous
Next
T-Mobile and Sprint End Merger Discussions        All News        iPhone X Teardown Unveils a Very Dense Tech Inside
ITC Launches Probe into Samsung's Chipmaking Patent     General Computing News      Twitter Employee Deactivated Trump's Account

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm Introduces First Integrated 802.11ax-ready Solution for Smartphones
Qualcomm Announces New Snapdragon 845 Mobile VR Reference Design, Qualcomm TrueWireless Stereo Technology
Broadcom Lowers Offer for Qualcomm
Qualcomm Sweetens Offer for NXP
Qualcomm is Seeking for a Better Offer From Broadcom
Qualcomm to Discuss Next Steps Following Meeting With Broadcom
Qualcomm Announces Wireless Edge Services, 2 Gbps LTE Modem, 5G NR Roadmap
Broadcom to Seek the Election of Six, Rather than 11, Nominees to the Qualcomm Board
Qualcomm Board Rejects Revised Broadcom Proposal
Qualcomm Lists Carrier and Smartphone Makers that Will Use its 5G Chips in 2019
Could Qualcomm be Excluded From the iPhone Supply Chain?
Broadcom Makes Final Offer for Qualcomm

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .