Tag Archives: Broadcom

Qualcomm and Broadcom plan to meet on Wednesday to talk about the latter’s $121 billion (roughly Rs. 7.77 lakh crores) acquisition offer, the first time the semiconductor companies will discuss the potential deal, people familiar with the matter said. The meeting comes after Broadcom raised its cash-and-stock offer last week from $70 (roughly Rs. 4,500)…

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Qualcomm on Thursday rejected a record $121 billion (roughly Rs. 7.78 lakh crores) hostile bid from computer chip rival Broadcom but offered to meet with the Singapore-based firm to discuss the recently increased offer. The California-based group said in a letter to Broadcom that the latest offer unveiled earlier this week “materially undervalues Qualcomm” and…

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Broadcom made a $121 billion (roughly Rs. 7.8 lakh crores) “best and final offer” on Monday to acquire Qualcomm, ratcheting up pressure on its US semiconductor peer to engage in talks on what would be the biggest ever technology acquisition. The takeover battle is at the heart of a race to consolidate the wireless technology equipment sector, as…

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