Broadcom Eyes New Acquisition Targets
Dylan McGrath, EETimes
3/16/2018 00:01 AM EDT
SAN FRANCISCO — Broadcom executives said the company is eyeing fresh potential targets for acquisition, just days after U.S. President Donald Trump quashed the company's proposed $117 billion hostile takeover attempt of rival Qualcomm.
"We do see potential [acquisition] targets that are consistent with our proven business model and that also can drive returns well in excess of what we would otherwise achieve buying our own stock and/or paying down debt," said Tom Krause, Broadcom's chief financial officer, in a conference call with analysts to discuss the company's fiscal first quarter financial results.
To read the full article, click here
Related Semiconductor IP
- AP Memory VHM Controller
- High-performance, commercial-grade RISC-V CPU Core IP
- SWI3S Verification IP
- Secure Boot Loader
- Memory Subsystem
Related News
- European Commission Approves Broadcom's Acquisition of VMware
- Broadcom Completes Acquisition of VMware
- Qualcomm’s Alphawave Acquisition Targets Data Centers and AI, But What’s Next?
- Fujitsu And MoSys Tie Technology License For 1T-SRAM-Q Embedded Memory; Highest Density Memory on Logic Process Targets Digital and Consumer Devices
Latest News
- StarFive Launches Server-Class RISC-V IP to Accelerate Its Strategic Expansion into AI Computing Infrastructure
- Silvaco Announces Partnership with Dassault Systèmes to Advance First-Time-Right Semiconductor Manufacturing
- Socionext Broadens SoC Roadmap with Intel 18A-P Process Technology
- BrainChip and Neuromorphyx Announce an AKD1500 Embedded Developer Board, Bringing Neuromorphic AI to the Embedded Engineering Community
- M31 Reports Nearly Fourfold Growth in Advanced-Node Royalties as Long-Term Investments Begin to Bear Fruit