Qualcomm’s been in the news quite a lot this year, for a lot of different reasons. Now, according to Bloomberg, it might be making headlines again soon. Broadcom Ltd. may be submitting an offer to Qualcomm to purchase the company in what would be the single largest takeover of a chipmaker ever. It’s early, though, and no offer has yet been submitted to Qualcomm.
According to Bloomberg, citing “people familiar with the matter,” the deal would propose ~$70 a share in cash and stock for the acquisition.
Report: Broadcom may be looking to acquire Qualcomm was written by the awesome team at Android Police.