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White House ends Broadcom bid for Qualcomm, citing security concerns

2018-03-13 08:53:00| Telecompaper Headlines

(Telecompaper) The US government will not allow the takeover of Qualcomm by Broadcom, due to national security concerns, according to a statement from the White House. An order signed by US President Donald Trump said there was "credible evidence" that Broadcom, a company based in Singapore, by exercising control over Qualcomm, "might take action that threatens to impair the national security of the United States". 

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Broadcom's proposed Qualcomm bid blocked on security grounds

2018-03-13 01:48:30| BBC News | Business | UK Edition

Broadcom's attempt to buy US rival Qualcomm "threatens to impair national security", the president decrees.

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GKN faces new 8.1bn Melrose bid in takeover battle

2018-03-12 10:00:48| BBC News | Business | UK Edition

Turnaround specialist Melrose increases the pressure on GKN by raising its takeover offer.

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Intel considers possible bid for Broadcom - report

2018-03-12 08:48:00| Telecompaper Headlines

(Telecompaper) Intel is considering a range of options in reaction to Broadcom's hostile bid for Qualcomm that could include a bid for Broadcom itself, people familiar with the matter told the Wall Street Journal.

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Infracapital makes 270m bid for Gigaclear

2018-03-12 01:00:00| Total Telecom industry news

Investment firm Infracapital has made a £270 million bid to acquire rural broadband provider, Gigaclear, according to reports in the press…read more on TotalTele.com »

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