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Broadcom

Broadcom sees $10 billion in AI chip sales in 2024, but shares dip

Broadcom sees $10 billion in AI chip sales in 2024, but shares dip

Fri, Mar 08, 2024

Smaller rival Marvell Technology's forecast revenue below market expectations, sending its stock down over 6 per cent in extended trading.

Broadcom to lay off 1,300 VMware employees following takeover

Broadcom to lay off 1,300 VMware employees following takeover

Fri, Dec 01, 2023

The chipmaker will also review strategic options for two business units of VMware, Insider had reported on Wednesday, citing a leaked email from CEO Hock Tan to employees.

VMware-Broadcom acquisition deal closed after regulatory approval in China

VMware-Broadcom acquisition deal closed after regulatory approval in China

Thu, Nov 23, 2023

At the core, Broadcom will invest in VMware Cloud Foundation, the software stack that serves as the foundation of private and hybrid clouds.

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UK market watchdog clears Broadcom's $61 billion deal to acquire VMware

UK market watchdog clears Broadcom's $61 billion deal to acquire VMware

Mon, Aug 21, 2023

The UK's Competition and Markets Authority (CMA) on Monday approved US-based hardware company Broadcom's $61 billion purchase of desktop virtualization software provider VMware following an in-depth investigation.

Broadcom's $61 billion deal to buy VMware gets EU regulators go-ahead

Broadcom's $61 billion deal to buy VMware gets EU regulators go-ahead

Wed, Jul 12, 2023

The European Commission, the EU's executive arm and top antitrust enforcer, said Broadcom made comprehensive commitments to provide access and system connections to its only existing rival, Marvell, as well as any other potential future competitors.

Indian-American wins $1 lakh prize in teen tournament

Indian-American wins $1 lakh prize in teen tournament

Sat, Jun 29, 2019

An Indian-American teen, Avi Gupta has won the Jeopardy! Teen Tournament 2019 contest with the prize money of $100,000 (around Rs. 68,95,000). He got first position among the 15 teens contestants.

Broadcom to end bid for Qualcomm, keeps plan to move to US: Sources

Broadcom to end bid for Qualcomm, keeps plan to move to US: Sources

Wed, Mar 14, 2018

Broadcom will continue with its plan to redomicile to the United States, a move that will cost it about $500 million a year under a higher tax rate, the sources added.

Qualcomm meets Broadcom to discuss $121 billion acquisition offer

Qualcomm meets Broadcom to discuss $121 billion acquisition offer

Thu, Feb 15, 2018

Qualcomm Inc said on Wednesday it met with Broadcom Ltd earlier in the day to discuss the latter`s revised $121 billion bid, the first time the chipmakers have discussed what would be the technology sector`s largest ever acquisition.

Exclusive: Broadcom to raise Qualcomm bid in push for talks, sources say

Exclusive: Broadcom to raise Qualcomm bid in push for talks, sources say

Mon, Feb 05, 2018

Broadcom Ltd plans to unveil a new approximately $120 billion offer for Qualcomm Inc on Monday, aiming to ratchet up pressure on its U.S. semiconductor peer to engage in negotiations, people familiar with the matter said on Sunday.

Broadcom profit beats as Qualcomm takeover fight intensifies

Broadcom profit beats as Qualcomm takeover fight intensifies

Thu, Dec 07, 2017

A combined Broadcom-Qualcomm would become the dominant supplier of chips used in the 1.5 billion or so smartphones expected to be sold around the world this year.

Broadcom considering sweetened Qualcomm bid

Broadcom considering sweetened Qualcomm bid

Thu, Nov 23, 2017

Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm`s top shareholders, according to people familiar with the matter.

Qualcomm rejects Broadcom's $103 billion takeover bid

Qualcomm rejects Broadcom's $103 billion takeover bid

Mon, Nov 13, 2017

Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd`s $103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles.

Apple considers bidding for big stake in Toshiba's chip business: Report

Apple considers bidding for big stake in Toshiba's chip business: Report

Fri, Apr 14, 2017

According to NHK news report, Apple is considering to team up with its supplier Foxconn to bid for Toshiba Corp`s semiconductor business and considering to invest several billion dollars to take a stake of more than 20% into the company.

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