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.…

Broadcom plans $103bn takeover of Qualcomm

Having announced a move of their headquarters to the US, Broadcom  is now targeting another chipmaker for a takeover. Even with the Brocade deal stuck in CIFUS negotiations, they are looking to target Qualcomm . Given that both Qualcomm and Broadcom have income streams from WiFi and LTE chipsets. The combination of both companies will potentially…

Extreme buys Brocade data centre switching assets direct

Extreme  has announced that they have closed a deal direct with Brocade , rather than wait for the Broadcom  acquisition. (Extreme Networks Completes Acquisition of Brocade’s Data Center Networking Business). This is different to the planned acquisition announced in March. Broadcom’s recent announcement that they have refiled with CIFUS has caused some consternation with other organisations…