Broadcom Makes Unsolicited $105 Billion Bid for Qualcomm

@Broadcom is making an unsolicited bid to buy mobile chip maker @Qualcomm for $130 billion, which would create a chip-making behemoth with the capabilities to challenge industry leaders Intel and @Samsung and continue the multiyear consolidation trend in the semiconductor space. The deal would combine Broadcom’s broad chip-making business, which supplies silicon for everything from network switches and enterprise storage appliances to set-top boxes, with Qualcomm’s leading mobile chip capabilities. Should Qualcomm’s already proposed $47 billion offer for chip maker NXP finally get past regulatory reviews in places like Europe and China, it also would bring autonomous cars and microcontrollers (MCUs) into Broadcom’s fold. Broadcom officials said Nov. 6 that they are willing to make the deal for Qualcomm regardless of whether or not the NXP deal goes through. Building Secure Multi-Factor Authentication Download Although reports about Broadcom’s interest in Qualcomm have surfaced over the past couple of days, in a Nov. 6 letter to Qualcomm’s board of directors, Broadcom President and CEO Hock Tan said he first approached Qualcomm CEO Steve Mollenkopf about the idea more than a year ago
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