Tag Archives: rival Broadcom for $37B

Chipmaker Avago buying rival Broadcom for $37B

      Chipmaker Avago Technologies (AVGO) Thursday announced plans to buy rival Broadcom (BRCM) in a $37 billion cash and stock deal marking the latest consolidation of firms that supply parts for smartphones and other tech products. The deal, one of the largest tech acquisitions in history, values the combined companies at $77 billion in enterprise value. Avago and ... Read More »