Broadcom’s bid for Qualcomm blocked by US government

Broadcom’s latest bid of $140bn for its rival chip-maker, Qualcomm, has been blocked by the US on the grounds of national security. News / February 9, 2018 Qualcomm rejects Broadcom’s revised bid Qualcomm is one of the largest producers of chips and other mobile technology, and…

Qualcomm rejects Broadcom’s revised bid

The American chip company Qualcomm has rejected an revised offer ($121 billion) from Broadcom, but proposes a meeting. Broadcom’s first proposal in November 2017 (worth $ 105 billion) had been rejected without engaging further. However, this time the technology company proposes a meeting to see “if…

Broadcom wants to takeover Qualcomm

Broadcom Ltd has started a takeover battle. The chip maker made an unsolicited $103 billion bid for Qualcomm Inc. Hock Tan, the chief executive of Broadcom, also announced that his company has plans moving its legal base to the US. Is it actually going to be…