Friday, 3 November 2017

Broadcom explores deal to buy Qualcomm: Bloomberg

Broadcom explores deal to buy Qualcomm: Bloomberg


FILE PHOTO: A Qualcomm building in San Diego California
FILE PHOTO: One of many Qualcomm buildings is shown in San Diego, California, U.S. on November 3, 2015. REUTERS/Mike Blake/File Photo

November 3, 2017

(Reuters) – Broadcom Ltd <AVGO.O> is exploring a deal to buy smartphone chip maker Qualcomm Inc <QCOM.O>, in what could be the biggest ever acquisition of a chipmaker, Bloomberg News reported on Friday.

Broadcom is speaking to advisers about the potential deal, Bloomberg said, citing people familiar with the matter. https://bloom.bg/2j0iKml

Neither company immediately responded to Reuters requests for comment.

(Reporting by Sonam Rai in Bengaluru; Editing by Sai Sachin Ravikumar)

Source link



source https://capitalisthq.com/broadcom-explores-deal-to-buy-qualcomm-bloomberg/

No comments:

Post a Comment