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Broadcom, makers of networking equipment, is exploring a deal to acquire mobile technology giant Qualcomm in a USD $100 billion deal, which could be the largest ever acquisition value of a chip-maker. The resulting company could be the world's largest chipmaker, combining Broadcom's IP with networking PHYs and IoT infrastructure, and Qualcomm's SoCs powering IoT devices besides smartphones, tablets, and ultra-portable notebooks. Broadcom is looking to raise a cash+stock bid consisting of shares valued at $70/share. Besides networking infrastructure equipment, Broadcom made its fortunes on the back of Apple iPhone's success, as it supplies its networking chips.
View at TechPowerUp Main Site
View at TechPowerUp Main Site