Don’t miss the latest developments in business and finance.

Broadcom

The EU competition enforcer, which will decide on the deal by June 7

Updated On: 27 Feb 2023 | 10:38 PM IST

US chipmaker Broadcom offered 20 billion won ($15.8 million) worth of programmes to address concerns about its alleged violation of competition law, South Korea's antitrust regulator said on Monday

Updated On: 09 Jan 2023 | 4:14 PM IST

VMware shareholders will get $142.50 per share under the purchase, resulting in a premium of nearly 49% to the stock's close on May 22, when talks of the deal were first reported

Updated On: 27 May 2022 | 1:01 AM IST

Business Standard brings you the top headlines on Thursday

Updated On: 26 May 2022 | 6:06 PM IST

However, Alphabet and Google CEO Sundar Pichai saw a drop of 14% in his bonuses in 2020 and 2021

Updated On: 19 Apr 2022 | 8:44 PM IST

A US appeals court threw out a jury verdict ordering Apple Inc and Broadcom Inc to pay $1.1 billion to the California Institute of Technology for infringing its Wi-Fi technology patents

Updated On: 05 Feb 2022 | 2:08 AM IST

The acquisition will make Accenture Security one of the leading providers of managed security services

Updated On: 07 Jan 2020 | 9:25 PM IST

The California-based chip maker offer made an unsolicited $105 billion takeover bid for Qualcomm

Updated On: 08 Nov 2017 | 2:46 AM IST

Broadcom and Foxconn were among four suitors selected to proceed to the second round

Updated On: 12 Apr 2017 | 7:24 PM IST

Chipmaker Broadcom said on Wednesday it would buy network gear maker Brocade Communications Systems Inc for $5.5 billion in cash, to expand its fiber channel and data storage businesses. The $12.75 per share offer represents a premium of 46.7 per cent to Brocade's close on Friday. Bloomberg reported on Monday that Brocade was in talks to sell itself. Brocade shares were up 7.2 per cent at $12.05 in premarket trading on Wednesday. Broadcom shares were untraded.Singapore-based Broadcom, formerly called Avago, is known for its connectivity chips, while California-based Brocade makes networking hardware, software and storage products."This strategic acquisition enhances Broadcom's position as one of the leading providers of enterprise storage connectivity solutions to OEM customers," Broadcom Chief Executive Hock Tan said in a statement. Customers use Brocade's fiber channel protocol-based networking products to build storage area networks within their data centres.Broadcom said it planned

Updated On: 03 Nov 2016 | 12:19 AM IST