Trump blocks Broadcom takeover bid for Qualcomm
President Donald Trump blocked Singapore chipmaker Broadcom from pursuing a hostile takeover of U.S. rival Qualcomm, ruling the proposed combination would imperil national security.
President Donald Trump blocked Singapore chipmaker Broadcom from pursuing a hostile takeover of U.S. rival Qualcomm, ruling the proposed combination would imperil national security.
Business
Mar 13, 2018
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US officials are warning they could recommend against Singapore-based Broadcom's mega-acquisition of smartphone chipmaker Qualcomm on national security grounds.
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Mar 12, 2018
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Singapore-based chipmaker Broadcom said Monday that it would complete moving its headquarters to the United States by April 3, ahead of a planned shareholder vote by takeover target Qualcomm.
Business
Mar 12, 2018
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US chipmaker Qualcomm postponed its annual shareholders' meeting after secretly requesting a national security review of Broadcom's bid to take over the company, the Singapore-based Broadcom announced Monday.
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Mar 5, 2018
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Singapore-based Broadcom said Wednesday it was cutting its offer price for mobile chip maker Qualcomm in the wake of the US firm's increased bid for Dutch rival NXP.
Business
Feb 21, 2018
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US mobile chipmaking giant Qualcomm on Friday rejected for a second time a hostile $121 billion takeover bid from Singapore's Broadcom, but said it was open to "further discussions" on a tie-up.
Business
Feb 16, 2018
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Qualcomm said Wednesday its board would "promptly" consider a hostile $121 billion takeover bid by Singapore-based Broadcom following a meeting of top executives of the two computer chipmaking giants.
Business
Feb 15, 2018
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Singapore-based Broadcom said Friday it would pay rival Qualcomm $8 billion if regulators fail to approve a proposed merger between the two computer chip giants.
Business
Feb 9, 2018
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Qualcomm on Thursday rejected a record $121 billion hostile bid from computer chip rival Broadcom but offered to meet with the Singapore-based firm to discuss the recently increased offer.
Business
Feb 9, 2018
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Broadcom raised its bid for rival computer chipmaker Qualcomm on Monday to $121 billion, offering the richest-ever takeover effort in the tech sector in an effort to become the dominant player in the fast-growing market for ...
Business
Feb 5, 2018
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