Approvals delay Qualcomm acquisition of NXP

Qualcomm has announced an extension of its deal to purchase NXP . The agreement is subject to regulatory approval in multiple jurisdictions. Similar to Broadcom’s recent purchase of Brocade this can be held up. Bloomberg is reporting that the EU is close to approving the Qualcomm/NXP deal. But Qualcomm has another challenge. Activist investor Elliott…

Palau connects using submarine cable, better performance than satellite

NEC has announced that they have completed the Palau Spur cable which connects to the main SEA-US cable. (BSCC and NEC announce the completion of a new submarine cable linking the Republic of Palau.) BSCC is the Palau Government’s corporation formed to own and manage the submarine cable link. NEC installed a branching unit and…

Broadcom seeks to change Qualcomm’s board and mind.

Broadcom  is seeking to change Qualcomm‘s mind on the unsolicited merger announced recently. Qualcomm rejected the bid, and now Broadcom’s next step is seen. (Broadcom to Nominate Slate of 11 Independent, Highly Qualified Directors for Election at Qualcomm’s 2018 Annual Meeting) Broadcom is proposing 11 new board members to Qualcomm’s board at the Annual Meeting in…

Marvell has designs on Cavium

Chipmaker Marvell has announced its intention to acquire smaller rival Cavium for $6bn. (Marvell and Cavium to Combine Creating an Infrastructure Solutions Powerhouse.) This deal is dwarfed by the recent Broadcom announcement regarding Qualcomm but is for the same reasons. Unlike the Broadcom/Qualcomm deal, this is agreed upon by both sides. The deal offers $40…

Qualcomm doesn’t like Broadcom’s bid

Qualcomm has firmly rebuffed Broadcom‘s bid for them. (Broadcom plans $103bn takeover of Qualcomm.) In a strongly worded press-release Qualcomm’s Board of Directors have rejected Broadcom’s unsolicited bid, and stood behind CEO Steve Mollenkopf, and his plans for the future of Qualcomm. “The Board and Management are singularly focused on driving value for Qualcomm’s shareholders.…

Elliott Management Acquires Gigamon for $1.6 Billion

Investment agitator and vulture Elliott Management have acquired network monitoring firm Gigamon for $1.6bn. Gigamon have recently posted third quarter results (Gigamon Third Quarter 2017 Financial Highlights). These show revenue and profits down over the quarter. Given that Gigamon’s primary product lines are high bandwidth network monitors and taps, this is unsurprising. The physical network…

Product Announcement: Cisco ISR 1000 router

Cisco have launched a new entry point ISR router. This is the Cisco ISR 1000 series, intended as the new entry point for SME connection into the corporate network. It supports lower density remote locations accessing through either an MPLS link or a VPN using the Internet. This isn’t designed to support NFV, but it…

Digital Realty Completes DFT merger

A press release from Digital Realty completes the merger announced in July. (Digital Realty to acquire DuPont Fabros Technology). The announcement (Digital Realty Completes Merger With DuPont Fabros) also moves two DFT folks to the DLR board. Michael A. Coke and John T. Roberts Jr. now add additional real-estate experience to the DLR board. Hosting is more…