Qualcomm smacks down Broadcom takeover bid

Last week, Broadcom announced its intent to purchase massive mobile chip maker Qualcomm. At the time, Broadcom said that it was prepared to offer as much as $130 billion dollars to take control of Qualcomm. That’s no small amount of money, and it would have ranked as the tech industry’s largest acquisition ever. Despite that, it seems that Broadcom’s offer … Continue reading