Qualcomm Cleared in UMTS Suit
Sep 1, 2006, 1:51 AM by (staff)
A judge today dismissed Broadcom's suit against Qualcomm from a US District court in New Jersey. Broadcom claimed Qualcomm was using monopolistic tactics in licensing WCDMA technology by giving discounts to companies that chose Qualcomm chips as well as other tactics. Broadcom produces mobile radio chipsets that compete against those from Qualcomm and others. The judge ruled Broadcom's claims did not show the Qualcomm was anti-competitive but did so in a way that Broadcom can either appeal the case or modify their complaint. Nokia has also filed a similar complaint in a US District court in Delaware.
Qualcomm Rejects Broadcom's Acquisition Offer
Qualcomm's board of directors today unanimously rejected Broadcom's Nov. 6 offer to buy the company in a deal that would have been valued at approximately $130 billion.
Broadcom Proposes to Oust Qualcomm's Board
Broadcom today suggested Qualcomm's shareholders elect an entirely new board of directors during the latter's planned annual shareholder meeting on March 6, 2018. Broadcom took the opportunity to nominate 11 people to replace Qualcomm's board.
Broadcom Takes Aim at Qualcomm with Unsolicited $130B Bid
Broadcom today made an unsolicited offer to buy Qualcomm for $70 per share, a deal valued at approximately $130 billion. According to Broadcom, the merged entity would be a diverse communications semiconductor company that would be able to accelerate innovation, deliver more advanced products, and create compelling financial savings/efficiencies.
Apple Files Yet Another Lawsuit Against Qualcomm
Apple is taking Qualcomm to court in the U.K. over patent-licensing fees.
The Nokia suit