Tag: connected devices

Broadcom raises hostile bid for Qualcomm to $121 bn

by Rob Lever Agence France-Presse WASHINGTON, United States – Broadcom raised its bid for rival computer chipmaker Qualcomm on Monday to $121 billion, offering the richest-ever takeover effort in the tech sector in an effort to become the dominant player in the fast-growing market for connected devices. Singapore-based Broadcom, which has begun a process to reincorporate in the United States, called the hostile bid its “best and final offer.” The price hike steps up the pressure on California-based […]