They say Qualcomm's management is opposed to any Broadcom deal right now, but $130 billion sounds like an offer the semiconductor giant can't refuse.
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Corporate tax reform and hopes for untaxed earnings repatriation have driven this microcomponents producer to make the move.
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Toshiba is the world's second biggest producer of flash memory chips for smartphones. Foxconn is also said to have a chance at the business.
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It doesn't sound like Toshiba's coveted NAND flash memory business will be up for grabs much longer, with Foxconn, Apple and Amazon ready to pay up.
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Every so often, you see that X company acquired Y company for hundreds of millions of dollars. Every so often, you’ll see that number climb into the billions.Last week we saw LinkedIn get snatched up by Microsoft for some $26.2 billion. Does Microsoft want a social networking platform for blue collar types that badly? We know that there have to be sensical synergies for the deal to happen, but come on! $26.2 billion? What kind of returns are these companies expecting and when do ...
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If you haven’t had your fill of patent lawsuits last week, check out what the California Institute of Technology is filing against One Infinite Loop.Caltech hit Apple with the suit on Thursday for infringing upon its Wi-Fi patents. The university is alleging that its intellectual property was crucial to the 802.11n and 802.11ac standards and that every iPhone from the iPhone 5.Apple’s Wi-Fi chip ...
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