Black Friday Sale is here!

Up to

60%

off in software solutions and tools for a very limited time. Hurry up!

off in software solutions. Hurry up!

Latest

Stories

Qualcomm Meets Broadcom to Discuss an Acquisition Offer of a Huge Amount

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

Qualcomm, the American multinational semiconductor and telecommunications equipment company, issued a statement to discuss Broadcom’s proposal to acquire Qualcomm. Qualcomm’s Board and its senior management team met with Broadcom Limited (NASDAQ: AVGO ) on Wednesday to discuss the offer. The meeting came after Broadcom rejected a revised cash-and-stock bid of $82 per share.

We met with representatives of Broadcom for two hours earlier today, and listened carefully to what they had to say. The Qualcomm board will promptly meet to discuss the meeting and to determine next steps. – Representative of Qualcomm

Qualcomm had made this breakthrough technology that connects and communicates other services. The outcome of this meeting will decide whether the company will take the proposal made by Broadcom company. Qualcomm had previously rejected the Broadcom takeover approach in November. It has become a matter of speculation whether Qualcomm will take a step further with the negotiations or will continue to defend itself by rallying its shareholders. However, after the two-hour-long meeting, both parties refrained from commenting on the possible outcomes.

Also Read

Qualcomm board members said that they would again call a meeting with the other board members to determine and decide the company’s next steps. The meeting was looked at as an attempt to bridge the gaps between both value and deal certainty of both the companies, and it will strive to do better in understanding the previously unaddressed issues. Broadcom was planning to address antitrust concerns by selling two Qualcomm businesses, its WiFi networking and processors and chip for mobile phones. However, this proved to be inadequate since the deal would not win regulatory approval. Qualcomm is worried that if they sign the deal, it will inevitably lead to uncertainty among its customers.

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -