astrabal service logo
 story category
Broadcom to Acquire Qualcomm for $105 Billion
Broadcom has announced it will attempt an unsolicited bid to acquire Qualcomm in a deal estimated to be worth $105 billion. Qualcomm is the world's largest manufacturer of mobile phone chips, and the combined company would create the world's third-largest overall chip maker behind Intel and Samsung. Qualcomm is preparing to fend off the unsolicited offer, sources tell Bloomberg, the company claiming the offer undervalues the company, If successful, the unsolicited bid would be the biggest ever takeover in the history of the technology sector. “We would not make this offer if we were not confident that our common global customers would embrace the proposed combination,” Broadcom said in a press statement.

Most recommended from 35 comments


techguru30
join:2016-05-19
Cincinnati, OH

techguru30

Member

I am against this merger.

I would be against this merger since Qualcomm and Broadcom make a lot of the chips that go in smartphones the last thing we need is a monopoly in the chip-sets that go in our smartphones and devices.
SArcanine
join:2009-11-09
New York

SArcanine

Member

105 billion?

Other news sources say $130 billion and some say $103 billion:

»mercurynews.com/2017 ··· -nvidia/
»reuters.com/article/ ··· BN1D61EO
adam1991
join:2012-06-16
Columbus, OH

adam1991

Member

So the headline is a flat-out, fake news lie

Qualcomm is preparing to fend off the unsolicited offer

So it is NOT that "Broadcom to Acquire Qualcomm".

Is this a news site, or a clickbait BS site?

Simba7
I Void Warranties
join:2003-03-24
Billings, MT

Simba7

Member

Ahh crap..

Well, there goes *BSD support for Atheros chipsets, along with rather decent OpenWRT/LEDE/dd-wrt support.

Although, it did turn to crap before that when Qualcomm bought them. It's just going to get worse. Gotta love locked-down binary blobs.

How about ..