Earlier the Trump Administration had blocked Broadcom’s $117 billion hostile bid to acquire Qualcomm Inc citing national security concerns. But since then in a cunning move, Broadcom has re-domiciled from Singapore to the U.S, which places it outside of CFIUS’… Read More ›
Broadcom expects to incur the majority of its termination costs during the third quarter. Following Broadcom Inc’s $5.5 billion merger with Brocade Communications Systems in November 2017, it is now planning on laying off nearly 1,100 employees as part of… Read More ›
This marks the highest levels since the 2007-2009 financial crisis. Analysts opine that after the passing of the U.S. Tax bill, M&A activity could pick up in 2018. 2017 has been a strong year for the M&A scene with activity… Read More ›
Qualcomm’s patent licensing system is the root cause of much dispute. By targeting changes in it, Broadcom can win over antitrust regulators and Apple. In a development pregnant with possibilities, a source familiar with the matter at hand has stated,… Read More ›
Broadcom has let it be known that it is prepared for a takeover battle. According to 4 sources familiar with the matter at hand, Qualcomm Inc is preparing to reject Broadcom’s $103 billion takeover bid as early as this week…. Read More ›
This merger is likely to be one of the topics of discussion when U.S. President Donald Trump visits China. According to antitrust lawyers, with China itching to get into the semiconductors industry, the potential merger of chipmaker Broadcom Ltd with… Read More ›
Broadcom is likely to emerge as the winner in the bidding war for Toshiba’s chip manufacturing unit. Japan’s Asahi newspaper has reported that Toshiba Corp is considering giving U.S. chip manufacturer Broadcom Ltd exclusive rights to negotiate its prized chip… Read More ›
Japan is making every effort to ensure that the sale of Toshiba’s chip manufacturing unit, which it deems as a risk of national security, does not fall into the hands of the Chinese. Japanese newspaper Asahi has reported that a… Read More ›
Western Digital has more than its foot in the door and is trying to capitalize on its existing joint venture with Toshiba. In a development of strategic nature, Western Digital Corp has shot off a letter to Toshiba, with whom… Read More ›
Foxconn is a close second. Japan, U.S. and Taiwan will have to coordinate more closely so that the Chinese don’t get their hands on U.S. nuclear technology, which has the potential for dual use. As per a source briefed on… Read More ›
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