Broadcom wants to buy qualcomm and create a tech monster
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Broadcom is mainly known for being one of the market leaders in terms of network connectivity, now the company is thinking of going one step further with the purchase of the giant Qualcomm, an operation that would give birth to a monster of the silicon technology.
Broadcom plans to purchase Qualcomm
Broadcom intends to buy Qualcomm in a $ 100 million deal, which would become the highest value acquisition by a chipmaker. The combination of both companies would lead to the birth of the world's largest chip designer with the union of the network infrastructures and SoC processors of both companies.
Broadcom has already achieved great success by becoming the provider of connectivity chips for Apple and its iPhones, currently the company's shares are valued at $ 70 and it is expected that they will increase if the operation is finally carried out.
Recall that Qualcomm is the undisputed leader in the smartphone market, mainly the high-end models where its best Snapdragon processors have proven to be unrivaled. The American company is a leader in innovation year after year and is a pioneer in new computers with Windows 10 and Snapdragon 835 processors.
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