0
Wireless

Broadcom confirms USD 130 billion bid for Qualcomm

Monday 6 November 2017 | 15:51 CET | News
Qualcomm said it has indeed received an acquisition bid from Broadcom worth USD 60 cash and USD 10 in Broadcom stock per share. Qualcomm noted that the unsolicited bid is non-binding. It will now see if it is in the best interest of its shareholders and provide no further comment until its review is finished.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Broadcom / Qualcomm
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

White House ends Broadcom bid for Qualcomm, citing security concerns

Published 13 Mar 2018 08:53 CET | World
The US government will not allow the takeover of Qualcomm by Broadcom, due to national security concerns, according to a ...

Broadcom brings forward move to US by a month

Published 12 Mar 2018 14:59 CET | United States
Broadcom has accelerated the process of moving its headquarters to the US from Singapore, in the hope of avoiding further ...

'Banken akkoord over lening voor overname Qualcomm'

Published 12 Feb 2018 09:22 CET | World
Een aantal banken is overeengekomen Broadcom een lening van 100 miljard dollar te verstrekken om Qualcomm over te nemen, schrijft ...

Broadcom gets commitment for up to USD 100 bln for Qualcomm bid

Published 12 Feb 2018 08:40 CET | World
Broadcom made its first offer for Qualcomm in November, for USD 130 billion. When that bid was soundly rejected, the company ...

Qualcomm rejects latest Broadcom bid, but agrees to meet

Published 09 Feb 2018 08:35 CET | World | Update: 09 Feb 2018 10:57 CET
Qualcomm has rejected the improved takeover offer from Broadcom, saying it undervalues the company and has too much regulatory ...

Broadcom raises bid for Qualcomm in 'final offer'

Published 05 Feb 2018 13:28 CET | World
Broadcom has improved its takeover offer for Qualcomm to USD 82 per share from USD 70, as well as promising a bigger share of ...

Broadcom narrows guidance for Q1, gives first forecast for Q2

Published 31 Jan 2018 17:32 CET | World
Broadcom said it has narrowed its revenue range for its fiscal first quarter to end 4 February and provided a first guidance for ...

Broadcom gets more requests from FTC about bid for Qualcomm

Published 22 Jan 2018 09:33 CET | World
The Broadcom proposal stands whether Qualcomm's pending acquisition of NXP Semiconductors is consummated under its current terms ...

EC keurt overname NXP door Qualcomm goed onder voorwaarden

Published 18 Jan 2018 15:40 CET | Europe
De Europese Commissie heeft de overname van NXP door de Amerikaanse chipmaker Qualcomm goedgekeurd. Ook kreeg de overname groen ...

Qualcomm outlines Broadcom opposition, growth strategy in letter to shareholders

Published 16 Jan 2018 17:26 CET | World
Qualcomm has issued a letter to shareholders and investors presentation outlining its board's opposition to Broadcom's proposed ...

NXP presents i.MX 8M applications processors at CES

Published 10 Jan 2018 14:45 CET | World
NXP Semiconductors launched the i.MX 8M family of applications processors at CES in Las Vegas between 9-12 January. The ...

Broadcom writes to Qualcomm shareholders ahead of AGM

Published 08 Jan 2018 09:25 CET | World
Broadcom has taken its bid for Qualcomm directly to shareholders in a letter over its proposed new board for Qualcomm. Ahead of ...

Qualcomm extends bid for NXP to 12 Jan

Published 18 Dec 2017 09:45 CET | World
Qualcomm has extended the offering period for the shares of NXP again to 12 January. Qualcomm has made the bid conditional on ...

Broadcom to propose new board of directors at Qualcomm AGM

Published 04 Dec 2017 14:27 CET | World
Broadcom has launched a proxy battle in its attempt to take over Qualcomm, proposing its own slate of directors for election at ...

Broadcom expected to sweeten bid for Qualcomm only next year - report

Published 01 Dec 2017 09:27 CET | World
Broadcom will not likely sweeten its bid for Qualcomm ahead of a proposal next week to replace directors on its board and until ...

Apple files countersuit against Qualcomm over processor patents

Published 30 Nov 2017 09:30 CET | World
Apple has filed a countersuit against Qualcomm, alleging that the company's Snapdragon mobile phone chips infringe on Apple's ...

Broadcom ready to improve Qualcomm bid with more stock - report

Published 23 Nov 2017 09:14 CET | World
Broadcom is considering raising its offer to buy rival Qualcomm by offering more of its own stock, following consultation with ...

Broadcom comples acquisition of Brocade

Published 20 Nov 2017 09:54 CET | World
Broadcom has also made a bid of USD 130 billion for Qualcomm, which has so far been rejected....

Brussels to decide about NXP takeover only next year

Published 16 Nov 2017 12:34 CET | Europe
The European Commission may not give a decision on the sale of NXP Semiconductors until next year, Reuters reported, citing a ...

Qualcomm rejects Broadcom takeover offer

Published 13 Nov 2017 16:22 CET | World
Qualcomm has rejected Broadcom's unsolicited takeover offer, sating it "significantly undervalues" the company. Broadcom ...

Qualcomm enters MoUs with China's Xiaomi, Oppo, Vivo

Published 09 Nov 2017 11:28 CET | China | Update: 13 Nov 2017 09:25 CET
Qualcomm Technologies, a subsidiary of Qualcomm, entered into three non-binding memoranda of understanding wherein Chinese ...

Broadcom contemplating USD 100 bln bid for Qualcomm - report

Published 03 Nov 2017 20:07 CET | World
Broadcom is speaking to advisers about the possible acquisition of Qualcomm, Bloomberg reported, with sources saying the bid ...

Qualcomm quarterly profit falls 90% on Apple woes, competition fine

Published 01 Nov 2017 23:07 CET | World
Qualcomm reported net profit down 89 percent year-on-year in its fiscal fourth quarter to September to USD 0.2 billion or USD ...

NXP sees Qualcomm takeover delayed to 2018

Published 26 Oct 2017 10:42 CET | World
NXP Semiconductors said the timetable for closing its takeover by Qualcomm has slipped to 2018, as the chipmaker reported another ...

Qualcomm CEO still sees NXP takeover closing by year-end

Published 19 Oct 2017 11:35 CET | World
Qualcomm's acquisition of NXP Semiconductors is on schedule to close by the end of the year, CEO Steve Mollenkopf said in an ...

Qualcomm raises quarterly dividend 7.5%

Published 09 Mar 2017 08:44 CET | World
Qualcomm announced that its Board of Directors has approved a 7.5 percent increase in the company's quarterly cash dividend. The ...

Broadcom quarterly results top expectations

Published 02 Mar 2017 09:18 CET | World
Broadcom reported revenues for its fiscal frist quarter to January of USD 4.139 billion, slightly higher than the USD 4.136 ...

Broadcom confirms takeover of Brocade for USD 5.9 bln

Published 02 Nov 2016 13:06 CET | World
Broadcom has confirmed an agreement to acquire Brocade for USD 5.9 billion, expanding its position in the Fiber Channel SAN ...

Broadcom, Avago complete merger

Published 02 Feb 2016 13:42 CET | World
Broadcom and Avago Technologies have completed their merger. The last day of trading for Avago shares was 29 January, and the new ...

Qualcomm decides against company break-up

Published 15 Dec 2015 15:50 CET | World
Qualcomm said it's completed its structural review and decided against any changes to its corporate and financial structure. In ...

Qualcomm rejects calls for new corporate structure

Published 14 Apr 2015 09:21 CET | World
Qualcomm has ruled out a break-up of the company following pressure from a shareholder. The chipmaker said it met with the ...





Calendar   /   Industry Events

24 Nov Analog Devices fiscal Q4
24 Nov VMware fiscal Q3
24 Nov Dell Technologies fiscal Q3
24 Nov Xiaomi Q3 2020
24 Nov KPN Strategy Update 2020
24 Nov SD-WAN & SASE Summit
25 Nov Partner Communications Q3 2020
26 Nov Telekom Malaysia Q3 2020
26 Nov Axiata Q3 2020
26 Nov Megafon Q3 2020
30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
::: More Calendar Items