Tuesday, February 20, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Say Hello to Google Pay
"Fox Nation" Streaming Service To Debut in 4Q
Hatch Entertainment to Use Qualcomm Centriq 2400 Processors For Cloud Gaming Service
Qualcomm Sweetens Offer for NXP
KT, Qualcomm and Samsung Achieve Multi-vendor 5G NR Interoperability on Path to Mobile 5G NR Trials
Sony to Build Taxi-hailing System
Samsung to Cut OLED Panel Production as iPhone X Demand Slows: report
Samsung Electronics Begins Mass Production of 30.72TB SSD
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Broadco...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, January 17, 2018
Broadcom is Under Antitrust Investigation by FTC


Broadcom said it is under investigation by U.S. antitrust officials for potentially anticompetitive conduct.

The probe by the Federal Trade Commission is "immaterial" to the semiconductor maker's business, Broadcom said in a statement Wednesday.

Broadcom has become one of the biggest providers of components for smartphones. The company is seeking to extend that reach even further with a $105 billion hostile bid to purchase rival Qualcomm, in what would be the biggest technology acquisition ever.

Broadcom said the FTC review has "no impact" on the proposal to buy Qualcomm, and isn't related to the company's wireless business.

Qualcomm has said that the "hostile" takeover proposal by Broadcom would struggle to pass antitrust scrutiny, a contention that Broadcom disputes.

In November, Qualcomm rejected Broadcom's $103 billion cash-and-stock bid, saying it dramatically undervalued the company. In December, Qualcomm rejected Broadcom's 11 director nominees.



Previous
Next
Everspin Begins Volume Production of 40nm STT-MRAM        All News        Google Offers AI Image-Detection Tool to Cloud Customers
Everspin Begins Volume Production of 40nm STT-MRAM     General Computing News      Google Offers AI Image-Detection Tool to Cloud Customers

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm is Seeking for a Better Offer From Broadcom
Qualcomm to Discuss Next Steps Following Meeting With Broadcom
Broadcom to Seek the Election of Six, Rather than 11, Nominees to the Qualcomm Board
Qualcomm Board Rejects Revised Broadcom Proposal
Broadcom Makes Final Offer for Qualcomm
Broadcom to Raise Qualcomm Bid: reports
Qualcomm Urges to Stockholders Reject Broadcom's Takeover Offer
Broadcom Files Definitive Proxy Materials and Sends Letter to Qualcomm Stockholders
Qualcomm Board Rejects Director Nominees Proposed by Broadcom and Silver Lake Partners
Broadcom to Nominate 11 Directors for Election at Qualcomm's 2018 Annual Meeting as Takeover Fight Escalates
Broadcom Considering Increasing Qualcomm Bid
Broadcom Announces 7nm IP for ASICs in Deep Learning and Networking Applications

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .