Bought Brocade and played by Qualcomm – Broadcom’s busy week
Just as the hangovers from the Brocade celebrations are subsiding, Qualcomm investors are presenting a different headache by holding out for a significant price increase.
It was announced back in November 2016, but now it is officially a done deal. It took some ringfencing of the work it does for Cisco, and a bit of business offloading to Extreme Networks and Arris, but Broadcom has finally completed its $5.9 billion acquisition of Brocade. Clearly thinking he was on a roll, CEO Hock Tan turned
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