Broadcom

Broadband Forum has published the latest release of its Open Broadband – Broadband Access Abstraction (OB-BAA) open-source project.

Broadcom has made what it says is its 'best and final' bid to acquire all of the outstanding shares of common stock of Qualcomm Incorporated. The deal would see Qualcomm stockholders receive an aggregate of $82.00 per each Qualcomm share, consisting of $60.00 in cash and the remainder in Broadcom shares.

Proposal is not in the Best Interests of Shareholders and Dramatically Undervalues Qualcomm

SAN DIEGO, CA – Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.

Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm” or the “Company”) today announced that its Board of Directors unanimously rejected the unsolicited proposal announced by Broadcom Limited (“Broadcom”) on November 6, 2017.

Broadcom has announced a proposal to acquire mobile chip maker Qualcomm in a deal valued at $130 billion, including $25 billion of debt, which - if completed - could be a technology takeover for the record books.

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UPDATE: 13 / 11 / 2017 - Qualcomm's board of directors has unanimously rejected Broadcom's proposal.

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