The US semiconductor giant Intel is apparently considering to actively interfere in the struggle for the acquisition of the competitor Qualcomm by the chip company Broadcom.Among other things, a takeover bid for Broadcom is also under discussion.
The big acquisitions between companies are never fast, even less when one of the parties is not completely in agreement with the deal, or has its own plans to raise the final bid. Such is the case of Broadcom and Qualcomm, a pair of chip manufacturers that have been on the front page of technological and economic
Qualcomm and Apple intensified the patent war, which affected Qualcomm’s share price, and even Broadcom also launched a vicious campaign for the acquisition of Qualcomm. However, Cristiano Amon, president of CDMA technology at Qualcomm, is not concerned.
Although Qualcomm has rejected Broadcom off ut Broadcom but has not given up. Broadcom CEO Hock Tan said in an interview that they have made contact with Qualcomm shareholders and have received positive feedback.
The world’s largest supplier of ARM processors for smartphones and tablets Qualcomm has provisionally rejected the hostile takeover by its competitor Broadcom. Qualcomm said Broadcom’s $ 100 billion bid would “dramatically undervalue” the company.
With $ 70 per share, the total amount for the acquisition came out to be130 billion USD. Broadcom officially proposed the acquisition of mobile communications leader Qualcomm at a price of $ 70 a share ($ 60 in cash and $ 10 in stock). There is currently no official response from Qualcomm to Broadcom’s proposal.