First, there was an offer by Broadcom to acquire Qualcomm for $105 billion, followed by an improved one worth $121 billion. They were both denied, and later the San Diego upped its NXP acquisition bid that led to a lower offer of $117 billion.
The discourteous dance was abruptly ended by a...
The Broadcom-Qualcomm deal is dead, forbidden by a presidential order. It is a permanent ban that forbids any future acquisition, merger or deal with similar consequences. Broadcom's nominee's for the Qualcomm board of directors have been disqualified by the same order. The presidential order...
Broadcom has now announced that it will move its corporate headquarters back to the U.S. before April 3 to avoid a potential review by the Committee on Foreign Investment in the United States (CFIUS).
According to The Wall Street Journal, Intel is reportedly looking into purchasing Broadcom, assuming Broadcom's hostile takeover of Qualcomm works out.
Broadcom met with Qualcomm to discuss an acquisition for $121 billion last week, but this week the company has lowered the offer to just $117 million after Qualcomm's deal with NXP.
Seeking to break a months-long stalemate, Broadcom today announced that it has significantly increased its offer to acquire Qualcomm, raising the bid to $121 billion. Under terms of the new offer, Broadcom would pay $82 per share.
Broadcom's first offer of $105 billion in cash and stock and $25 billion in debt won't stand with some Qualcomm investors. They're asking board members to request a bump to sell at $80 per share.
Qualcomm's Board of Directors has decided that the company can do better than the $130 billion offered by rival Broadcom for a takeover. Qualcomm had entertained the idea even though it was an unsolicited offer, however they feel Broadcom didn't value them enough.
Broadcom might have to forget about taking over Qualcomm without a fight -- Reuters sources claim that Qualcomm's board is planning to reject the unsolicited buyout bid. Qualcomm execs feel the value is too low.
Broadcom has announced a bid to buy chipset maker Qualcomm for $130 billion, a figure reached via a $70 per share valuation. Broadcom says their offer stands regardless of whether Qualcomm closes their own big acquisition of NXP.
According to a new report from Bloomberg, Broadcom is exploring a deal that will allow it to acquire chipset maker Qualcomm for a bid of more than $100 billion.
It's been revealed that some Broadcom chips allow rogue Wi-Fi signals to execute code of attacker's choosing. Google has fixed this in the April security update but it can take a while before devices receive it and some devices won't get the update at all.
Google's February security patch plugs the massive security hole for Broadcom Wi-Fi drivers. The issues was discovered and communicated privately to Google back in October. Once Google fixed the issue, the patch was shared on January 4 with carrier and manufacturer partners.
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