Qualcomm opens up to a deal with Broadcom

Qualcomm logoBroadcom made an unsolicited bid to acquire Qualcomm a few months ago that was promptly rejected by the chipmaker. The former then revised its bid and submitted another one which was also rejected by the company. There has been much back and forth over this subject since then but it appears that Qualcomm might finally be open to a deal with Broadcom. It has proposed price talks with Broadcom for the very first time following Broadcom’s $117 billion offer.

Qualcomm’s proposal for price talks is being viewed as a potential first step toward a possible deal. At least it shows a willingness on Qualcomm’s part which was previously not willing to even consider a deal with Broadcom. The proposal follows a second meeting between the two companies that took place last week.

Qualcomm Snapdragon

The company said today that all of the offers that Broadcom has made so far materially undervalue Qualcomm but it’s now proposing that the two companies sit down and discuss price and also look more closely at each other’s books.

Qualcomm Chairman Paul Jacobs made this proposal in a letter to Broadcom CEO Hock Tan, saying that the two companies should conduct a meeting focused on the price as soon as it’s convenient for both parties.

Just because Qualcomm has proposed price talks doesn’t mean that a deal can be reached. Qualcomm and Broadcom are likely going to disagree on a fair price for the company and if they can’t reach an agreement then there will be no progress in this matter.

Source: Ubergizmo

Tags: Broadcom, Qualcomm

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

Google Inbox was due to close down -- it was just a matter of when
The patent was published by the Japan Patent Office over the weekend
The Stadia servers are capable of providing 4K, 60 frames-per-second performance
Exascale supercomputers are capable of a quintillion calculations per second
GTX 10-series cards will run some ray-traced games well, and others... not so much
The maximum number of people that you can have on a Skype video call right now is 25
Apple wants all of the spotlight on its new services and subscriptions next week
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /

News Archive



Do you use microSD card with your phone?
or leave your own version in comments (15)