Home › News ›

Broadcom Ups Its Bid for Qualcomm

Article Comments

Feb 5, 2018, 8:18 AM by Eric M. Zeman

Broadcom today made a second offer to acquire rival Qualcomm. Last year, the company offered $70 per share of Qualcomm's stock. Qualcomm rejected that bid, saying it drastically undervalued the company. Today's offer ups the financials to a total of $82 per share of Qualcomm stock. The new offer includes a greater mix of Broadcom stock, which Broadcom says gives Qualcomm shareholders a greater stake in the combined entity should the deal go through. The company also offered to accept two directors from Qualcomm, including Paul Jacobs, onBroadcom's board of directors, as well as pay a reverse termination fee should the deal not meet regulatory muster. Qualcomm acknowledged that it received Broadcom's new offer, though it declined to comment on the specifics of the revised deal. Qualcomm is already one of the world's largest suppliers of chips. Merging the two would create a titanic company in the mobile radio space.

Related

Samsung Refreshes Galaxy S Series with S Pen, New Cameras

Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.

Google Testing New Search and Share Features in Chrome for Android

Sep 1, 2021
The newest beta version of Google's Chrome web browser for Android includes two major new features. After executing a Google search and choosing a result, a new bar below the address bar lets you quickly navigate to a different search result.

Motorola Refreshes its 4G moto g stylus

Feb 3, 2022
Motorola has a new version of its affordable stylus-oriented phone. The new "moto g stylus (2022)" is similar to last year's 4G model, but with a larger battery (now 5,000 mAh) and an upgraded display with 90 Hz refresh.

Samsung Puts its Best Camera Yet in the Galaxy S23 Ultra

Feb 1, 2023
Samsung has officially unveiled its new flagship phones for 2023: the Galaxy S23 series. The S23 and S23+ have modest upgrades over last year's models, while the S23 Ultra has a significantly upgraded main camera.

Google Brings Nearby Share to Windows

Apr 3, 2023
Google has released a public beta version of Nearby Share for Windows computers. Installing the new Nearby Share app on a Windows device makes it easy to exchange files with nearby Android phones and tablets.

Comments

This forum is closed.

This forum is closed.

No messages

Page 1 of 1