Items tagged with (NASDAQ:AVGO)

Barring any regulatory hurdles, Broadcom is buying virtualization giant VMware for around $61 billion in a cash and stock transaction, the two companies announced today. The sale amount is based on the closing price of Broadcom's common stock on May 25, 2022, and as part of the deal the company will assume VMware's $8... Read more...
It never fails when it comes to technology—as soon as you upgrade to the latest and greatest thing, a new and better thing crashes the party. Right now that new thing is Wi-Fi 7 (802.11be), a next-generation wireless standard that is officially off the ground (sort of) with Broadcom sampling complete end-to-end... Read more...
A jury has awarded $1.1 billion in damages to the California Institute of Technology (CalTech) after finding Apple and Broadcom guilty of infringing on its Wi-Fi patents. Apple bears the brunt of the penalty, as it has been ordered to pay $837.8 million in damages, while Broadcom is now legally compelled to fork over... Read more...
There are bad days, and then there are bad weeks like the one Huawei is having. Amid pressure from the US government to stop doing business with Huawei over spying concerns, several companies have reportedly stopped supplying the Chinese telecom with hardware, including major semiconductor firms such as Broadcom... Read more...
It appears that Broadcom is looking to get ahead of any potential regulatory concerns that might result from its ongoing aggressive effort to acquire Qualcomm. To quell some of the concerns, Broadcomm inked a letter to Congress assuring members that it has every intention of making the United States a leader in 5G... Read more...
Even though Qualcomm has never said the company is up for sale, it has been receiving buyout offers from Broadcom, an aggressive suitor that has already dangled an unsolicited bid of $100 billion. That offer was unanimously rejected by Qualcomm's board of directors last November on the basis that it undervalued the... Read more...
Broadcom is hoping to pull of the largest technology transaction of all time in its bid to acquire Qualcomm. The company made an ambitious cash and stock offer valued at around $130 billion, and it stands whether Qualcomm is able to consummate its deal to acquire NXP Semiconductors at $110 per share or not. Either... Read more...
We've all been there when using GPS on our smartphones. You try and use something like Google Maps to navigate to a place you have never been, and all of a sudden, it's hard to tell if you should be on the feeder road or the highway. You eventually find out after driving too far that you are traveling along the wrong... Read more...
Practically everyone who owns a smartphone should be on the lookout for a patch. Both Google and Apple this week released software updates for Android and iOS, respectively, to address a vulnerability discovered in Wi-Fi chipsets developed by Broadcom. If left unpatched, an attacker within range of the same Wi-Fi... Read more...
There are mergers, and then there are mega-mergers, such as the one that Avago Technologies and Broadcom just agreed to. The two chip makers have entered into a definitive agreement for Avago to acquire Broadcom for $37 billion as part of cash and stock deal, making it the largest transaction in the tech industry to... Read more...
A little bit of celebrating is in order for Avago Technologies, which said it signed a definitive agreement to sell LSI's Axxia Networking Business to Intel, the world's larger supplier of semiconductors, for $650 million in cash. The boards of directors for both Avago and Intel have already approved the deal, which... Read more...