The massive fight over the fate of Qualcomm, which chipmaker Broadcom seeks to acquire in the largest deal in technology effort, took another dramatic turn this afternoon when the Trump administration said it would block the deal. The move is ano…
View More A brief history of the epic battle over the fate of QualcommCategory: Broadcom
Trump points to national security in blocking Broadcom’s attempted Qualcomm takeover
Donald Trump just put his presidential foot down, and made serious waves in the world of tech in the process.
However, instead of declaring his latest whim via Twitter, the 45th president of the United States turned Monday afternoon to somethin…
Trump administration’s block in Qualcomm vs. Broadcom merger should shake tech to its core
This weekend, I published a comprehensive overview of the epic hundred-billion-dollar Qualcomm versus Broadcom merger battle that has taken place over the past few weeks. In that post, I concluded that “… the Trump administration is going to attempt to maintain jurisdiction over the merger regardless of Broadcom’s redomicile process [back to the US], and will likely end up… Read More
The incredible multi-dimensional chess of Qualcomm vs. Broadcom
Game of Thrones may be out of season, but the complex and multi-dimensional strategic drama at the heart of the acclaimed series can still be witnessed in today’s on-going showdown between Broadcom and Qualcomm. This week, we even had a character “death” of one of the “royals” to boot.
For those who have not been paying attention to this epic match… Read More
There’s a shakeup on Qualcomm’s board amid Broadcom’s hostile takeover attempts
Things have not been so rosy for Qualcomm over the past few months, whether you are looking at an ongoing legal dispute between the chipmaker and Apple or Broadcom’s aggressive attempts to acquire the company. Now, Qualcomm is saying its executive chairman, Dr. Paul E. Jacobs, will no longer serve as executive chairman for the company’s board of directors. He’s going to remain… Read More
Qualcomm is pushing back its pivotal shareholder meeting this week amid a regulatory review
Massive chipmaker Qualcomm, currently targeted by aggressive acquisition attempts by Broadcom, is now delaying a pivotal meeting with shareholders this week that would determine its fate going forward by at least a month to comply with regulators regarding the deal. The CFIUS — the Committee on Foreign Investment in the United States — has requested that Qualcomm delay the… Read More
Here’s the latest update on the very spicy beef between two massive chipmakers
While the largest deal in the history of technology continues to hit a number of speed bumps, we’re now getting into the phase of very strongly-worded publicly-issued statements between the two companies as we get closer and closer to the annual meeting of stockholders in early March. Broadcom and Qualcomm, the former of which is trying to acquire the latter, are continuing to duke it out… Read More
Qualcomm now plans to close the NXP acquisition for $44 billion as quickly as possible
Qualcomm, Broadcom and NXP are on a boat. Broadcom wants to acquire Qualcomm, Qualcomm wants to acquire NXP. While Qualcomm has planned on buying NXP for over a year, NXP shareholders were a bit disappointed by Qualcomm’s initial price.
Qualcomm just raised its bid and is now willing to pay $127.50 per share instead of $110 per share. It values NXP at $44 billion instead of $38… Read More
Qualcomm rejects Broadcom’s $121 billion bid
The largest tech acquisition offer in history wasn’t enough. Qualcomm’s board of directors issued a statement on Thursday saying that they are turning down Broadcom’s $121 billion bid to buy the competing chipmaker. According to the release, Qualcomm “unanimously rejected” an “unsolicited proposal” to buy all of its shares at $82 each, of which $60… Read More
Broadcom piles fresh pressure on Qualcomm to talk takeover
Last month Qualcomm rejected a $70 per share acquisition offer from Broadcom — but the rival chipmaker isn’t stepping away. Today it’s announced it’s nominated a slate of eleven directors for Qualcomm’s board. Read More
Qualcomm rejects Broadcom’s $70 per share takeover offer
Qualcomm’s board of directors has unanimously voted to reject an acquisition offer from rival chipmaker Broadcom. Read More
Crunch Report | Broadcom has its eyes on Qualcomm
Today’s Stories
Broadcom offers to acquire Qualcomm for $70 per share
Intel and AMD partner on graphics and CPU combo to challenge Nvidia
Comcast’s Xfinity internet service (and others) seem to be a bit broken nationwide this morning
Credits
Written by: MRD
Hosted by: MRD
Filmed by: Joe Zolnoski
Edited by: Joe Zolnoski Read More