Qualcomm expected to keep their extra m and say no to Broadcom

According to CNBC, Broadcom brought the offer to Qualcomm privately more than a year ago but was rebuffed.

Broadcom today (6 November) revealed a $105bn takeover bid for Qualcomm, a move that would see the creation of a giant in the chip-making world.

Citing sources, Bloomberg claimed that the Qualcomm board is likely to advise shareholders to reject the deal, while also claiming that any potential deal could run into regulatory problems.

Broadcom said on Monday that it is offering Qualcomm $60 in cash per share and $10 per share in Broadcom stock, valuing the deal at about $130 billion.

"The combined company will be positioned to deliver more advanced semiconductor solutions for our global customers and drive enhanced stockholder value", he added.

Mueller has enough to bring charges in Flynn investigation
If Flynn is charged, he would be the first individual to have worked for the Trump presidency accused of wrongdoing. They are former campaign manager Paul Manafort , and former campaign aides Rick Gates and George Papadopoulos .

Group voice calls the next new feature coming to WhatsApp
WhatsApp has been a nerve center for millions of its users with its free encrypted chat and free voice/video calling features. According to a tweet by WABetaInfo , the Facebook-owned messaging app might roll out the feature in its next beta update.

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One aspect that might be an issue is Qualcomm's efforts to close its $38-billion acquisition of NXP Semiconductors NV, which makes chips for vehicles with an eye to self-driving technology.

Broadcom is looking to complete its $5.5 billion purchase of Brocade Communications Systems Inc (BRCD.O) while Qualcomm is in the process of closing its deal for NXP.

The Financial Times is reporting that Broadcom is planning to acquire NXP, as well as Qualcomm. The forward price-to-earnings ratio for Broadcom recently stood at 14.6, slightly above its 13.5 average. The bid follows a series of deals in the components market. Publicly, Qualcomm has only said it is "evaluating" the deal.

Broadcom said if the deal is approved, it expected a combined company to have revenues of about $51 billion. Moreover, it would create a company with "massive market share" in the kind of chips that power Wi-Fi, location data and Bluetooth, necessary for the next generation of connected devices, said Stuart Carlaw, chief research officer at ABI Research.


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