Broadcom to buy Symantec's enterprise unit for US$10.7 billion
Broadcom said the deal is expected to close in the first quarter of its fiscal year 2020 and is subject to regulatory approvals in the United States, European Union and Japan.
Broadcom said the deal is expected to close in the first quarter of its fiscal year 2020 and is subject to regulatory approvals in the United States, European Union and Japan.
Chipmaker Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut costs by US$1 billion, Bloomberg reported on Wednesday, citing people familiar with the matter.
Singapore-based Broadcom has withdrawn its US$117 billion bid to acquire Qualcomm, two days after U.S. President Donald Trump blocked the attempt citing national security concerns.
U.S. President Donald Trump has issued an order prohibiting semiconductor maker Broadcomd's proposed takeover of Qualcomm on grounds of national security, bringing an end to what would have been the technology industry's biggest deal ever.
The U.S. Treasury Department told Singapore-based Broadcom it confirmed some of its national security concerns about the chipmaker's unsolicited bid to buy rival Qualcomm, in an apparent attempt to block any deal before it is signed.
Broadcom has promised not to sell critical national security assets to foreign buyers if its deal to buy chipmaker Qualcomm is approved, another effort by the Singapore-based firm to appease U.S. security concerns.
A U.S. government national security panel has identified potential risks that warrant a full investigation of Singapore-based Broadcom US$117 billion bid for chipmaker Qualcomm, a senior U.S. Treasury official said in a letter to the companies this week.
A national security panel that can stop mergers that could harm U.S. security has begun looking at Singapore-based chipmaker Broadcom Ltd's plan to take over rival Qualcomm Inc, according to three sources familiar with the matter.
U.S. semiconductor company Qualcomm has unveiled a sweetened US$44 billion agreement to acquire NXP Semiconductors NV, its most defiant move in its defense against a hostile $121 billion bid from Broadcom.
Chipmaker Qualcomm’s board has unanimously rejected Broadcom's revised US$121 billion buyout offer.
Chipmaker Broadcom is considering raising its offer to buy rival Qualcomm by offering more of its own stock, following consultation with several of Qualcomm's top shareholders, according to people familiar with the matter.
U.S. chipmaker Qualcomm Inc is making preparations to reject rival Broadcom Ltd's US$103 billion bid as early as this week
Chip maker Broadcom has made an unsolicited US$103 billion bid for Qualcomm on Monday, setting the stage for a takeover battle that could reshape the industry at the heart of mobile phone hardware.
Chipset vendors such as Broadcom and STMicroelectronics have launched products that'll make it possible to offer gigabit speeds over fiber as well as over copper and cable networks.
Chipsets that power equipment capable of smoothly moving 4K video streams inside homes over wireless and wired networks were on display at the Computex trade show.