Tag "Broadcom"

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