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SAS Institute decides against selling itself to Broadcom after all, reports say SHARE Data analytics firm SAS Institute Inc. has reportedly backed out of talks with Broadcom Inc. over a possible sale, following a change of heart by its owners. The Wall Street Journal reported Monday that chipmaker Broadcom was looking to buy closely held SAS for a deal valued at between $15 billion and $20 billion. It said the deal could be could be finalized within two weeks, citing people familiar with the matter. But Jim Goodnight and John Sall, who co-founded SAS in the 1970s and...

Broadcom Reportedly Ends Talks To Buy SAS SINGAPUR (dpa-AFX) - Broadcom Inc.'s (AVGO) discussions to acquire analytics software company SAS Institute Inc. have ended without a deal, several media reports said on Tuesday citing people familiar with the matter. The Wall Street Journal reported Monday that the companies were discussing a deal that would value SAS in the range of $15 billion to $20 billion, including any debt. But, SAS founders had a change of heart and decided not to sell to Broadcom. Whether another suitor for SAS could emerge isn't clear, the Journal reported. Cary, North Car...

Deal’s Off: SAS Institute Says No To Acquisition By Broadcom SAS Institute says it is ‘not up for sale,’ and a Wall Street Journal report says that Broadcom’s potential $20 billion acquisition deal with SAS has been shelved. By Joseph F. Kovar July 13, 2021, 08:37 PM EDT It appears that business analytics and data management software giant SAS Institute doesn’t want to become part of Broadcom after all. The Wall Street Journal reported late Tuesday that SAS Institute has ended acquisition talks with San Jose, Calif.-based semiconductor manufacturer ...

It appears that business analytics and data management software giant SAS Institute doesn’t want to become part of Broadcom after all. The Wall Street Journal reported late Tuesday that SAS Institute has ended acquisition talks with semiconductor manufacturer Broadcom. An SAS Institute spokesperson told CRN on Tuesday that Jim Goodnight, co-founder and CEO of SAS, has sent a message to all employees in which he said, “We are not up for sale.” SAS remains focused on furthering innovation to serve its customers, the spokesperson said. Broadcom did not respond to a CRN request for comment ...

Hardware and software infrastructure vendor Broadcom is in talks to acquire privately held business analytics and data management software giant SAS Institute in a deal potentially valued at US$15 billion to US$20 billion, according to a Wall Street Journal report. A deal could be reached in the next few weeks, according to the report, but is by no means assured. An acquisition of SAS would the latest of several major acquisitions by Broadcom, a San Jose, Calif.-based semiconductor manufacturer that has moved in recent years to become a supplier of IT hardware and software infrastructure tech...