Broadcom Targets Qualcomm in Largest-Ever Tech Deal - News Summed Up

Broadcom Targets Qualcomm in Largest-Ever Tech Deal


Qualcomm, whose wireless chips and patents touch nearly every smartphone in the world, is Broadcom’s most formidable quarry yet. (A condition of Broadcom’s offer is that Qualcomm not raise its offer to NXP beyond its current level of $110 a share.) The Biggest Tech Deals If accepted, Broadcom’s bid for Qualcomm would be the largest tech deal in history. Broadcom-Qualcomm Dell-EMC Paypal Spinoff From eBay Qualcomm-NXP JDS-SDL Avago-Broadcom SoftBank-ARM HP Enterprise Spinoff E.D.S Spinoff From G.M. Shares in Qualcomm traded below Broadcom’s offer as of Monday morning, at $63.83, potentially reflecting skepticism from shareholders that the takeover bid will succeed.


Source: New York Times November 06, 2017 12:19 UTC



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