Monday, 6 November 2017

Broadcom offers to buy Qualcomm for a record $130 billion

Wireless chip manufacturer Broadcom has officially bid to buy its rival Qualcomm in a deal worth up to $130 billion. If successful, it would become the richest tech acquisition in history, nearly doubling Dell's $67 billion purchase of EMC in 2015. Rumors of the acquisition started popping up yesterday, and the offer will likely kick off a pitched battle between the two companies and regulators around the world.

Via: Bloomberg

Source: Broadcom


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