NEW YORK — Broadcom made an unsolicited, $103 billion offer for rival chipmaker Qualcomm, the tech industry’s largest attempted takeover that is destined to come under intense regulatory scrutiny. Qualcomm, known to consumers as the maker of Snapdragon chips found in smartphones and tablets, is already the No. 3 chip supplier, according to research firm Gartner, trailing Intel and Samsung. A combination with San Jose’s Broadcom would not change that. But a transaction between the two would likely raise antitrust concerns, analysts said. The combined company would have about 40 percent of the cell phone chip market, said Stifel analyst Kevin Cassidy.
Reported by SFGate 23 hours ago.
↧
