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Broadcom lines up funds for Qualcomm purchase

A Qualcomm-Broadcom marriage could be hammered out on Valentines Day, according to published reports -- or Qualcomm could once again reject Broadcom's proposal. Broadcom continues its quest to acquire Qualcomm with the announcement today that it has lined up the necessary funding to cover the...

Broadcom looking to oust Qualcomm board in hostile move

Broadcom today said it plans to nominate 11 board members for election to Qualcomm's board of directors at an annual shareholders meeting in March. This move, potentially signaling a move toward a hostile takeover, comes on the heels of Qualcomm's board unanimously rejecting an unsolicited...

Mavenir buys Brocade’s vEPC business

Mavenir Systems has acquired Brocade's virtual evolved packet core solution for an undisclosed amount. The deal includes 22 granted and pending patents, a research and development facility in Mumbai, India and the associated customer support and maintenance contracts. Mavenir itself was acquired by Mitel...

Semiconductor industry sheds jobs as companies consolidate

Eight multibillion dollar mergers announced within two years Automation is expected to bring big productivity gains to the U.S. economy, but it is also likely to eliminate quality jobs as machines take on more of the work done by humans. The industry driving automation is...

Ruckus back on the block as Broadcom buys Brocade

Ruckus Wireless is back in play thanks to another wireless technology merger. Broadcom Limited is looking to acquire Brocade Communications for $5.9 billion, with plans to divest Ruckus, which Brocade purchased for $1.2 billion this spring. Broadcom, a California company that designs chips for wireless...

Qualcomm to buy NXP for $39B as chip industry consolidation continues

Acquisition of NXP will bolster Qualcomm portfolio around autonomous driving and industrial IoT Pending regulatory and closing machinations, San Diego-based Qualcomm announced today it will pay $39 billion to acquire Dutch semiconductor manufacturer NXP. Qualcomm is a leader in chips for smartphones and other wireless communications...

ZTE export restrictions impact U.S. chipmakers

Qualcomm, Intel and Broadcom are suppliers, Oclaro falls 15% U.S. chipmakers will feel the sting of the U.S. government's decision to restrict technology exports to China's ZTE. Qualcomm and Intel are both suppliers to ZTE, as is Singapore's Broadcom. (Broadcom is now part of Avago,...

Wireless workforce: What will 2016 bring?

Wireless workforce: What will 2016 bring? A look at hiring trends for carriers, equipment vendors, infrastructure service providers, and chip vendors.

Chips in China: Which chipmakers could be hit by Chinese slowdown?

A slowdown in the Chinese economy could have a big impact on some wireless companies, particularly chipmakers. Goldman Sachs analyst David Kostin listed 20 U.S. companies that he said are the most exposed to China. Qualcomm, Broadcom, Intel, Nvidia and Texas Instruments all made the...

Wi-Fi news from Ruckus, Qualcomm and Broadcom

As mobile subscribers bring more bandwidth-hungry devices into public venues, offices and schools, makers of Wi-Fi network equipment are helping service providers find new ways to monetize Wi-Fi. Ruckus Wireless is giving network operators a way to partner with retailers to make location-based offers to...

Intel to buy Altera for $16.7B as chip mergers accelerate

Latest semiconductor merger follows Avago buy of Broadcom, NXP purchase of Freescale Chip-making giant Intel plans to purchase smaller competitor Altera for $16.7 billion – that’s $54 per share – in an all-cash deal, according to a June 1 announcement from the Santa Clara, Calif.-based powerhouse. Intel CEO...

Avago to buy Broadcom in largest chip deal ever

Avago Technologies has agreed to buy Broadcom for $37 billion in cash and stock. Although Avago's market value is higher than Broadcom's, Broadcom is the larger company by revenue. The California chipmaker had $8.4 billion in revenue last year, 70% more than Avago's $4.9...