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 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…
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…