Tag "Broadcom"

Qualcomm rejects Broadcom’s $121B takeover bid too

By : CIOL Writers

Qualcomm, the largest chipmaker in the world has once again rejected a revised $121 billion takeover bid from Broadcom but offered to meet the Singapore-based firm to discuss the recently increased offer. Broadcom had offered to acquire Qualcomm‘s all outstanding shares

Broadcom to now offer $120B for Qualcomm takeover

By : CIOL Writers

Broadcom has decided to increase its offer for chipmaker Qualcomm to $120 billion from the current $103 billion bid that was put on the table last November, and rejected by Qualcomm. The development was first reported by Reuters. The latest offer

Qualcomm rejects Broadcom’s $105B takeover bid

By : CIOL Writers

Qualcomm has rejected Broadcom’s huge $105 billion takeover bid. The reason for the rejection is that Qualcomm’s board believes that the offer significantly undervalues the company. Broadcom’s offer was for $70 a share- valuing Qualcomm just north of $100 billion. “It

Broadcom acquiring Brocade in a $5.9bn deal, but to sell IP Networking biz including Ruckus

Semiconductor major, Broadcom will acquire Brocade, a leader in Fibre Channel storage area network (FC SAN) switching and IP networking, for approximately $5.5 billion in cash and assuming $0.4 billion of its net debt. Broadcom plans to divest Brocade’s IP Networking