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Broadcom Is Said to Be in Talks to Buy SAS Institute for Up to $20B

Broadcom Is Said to Be in Talks to Buy SAS Institute for Up to $20B
thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.

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Broadcom beats earnings expectations as chip revenue grows 20%


Broadcom beats earnings expectations as chip revenue grows 20%
Semiconductor firm Broadcom Inc. reported higher-than-expected revenue today thanks to huge demand for its computer chips.
It offered a bullish forecast too, saying demand from cloud infrastructure companies and service providers shows no sign of slowing down.
The company reported a second-quarter profit before certain costs such as stock compensation of $6.62 per share. Overall revenue rose 15% from a year ago, to $6.61 billion. Wall Street had been modeling a profit of $6.43 per share on revenue of $6.5 billion.
Broadcom Chief Executive Hock Tan said customers have been clamoring for the company’s computer chips in multiple markets, helping its semiconductor revenue grow by 20% year-over-year. ....

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Chipmaker Broadcom plans unsolicited bid for Qualcomm: source - William P.J. Lynch Jr.com


Chipmaker Broadcom plans unsolicited bid for Qualcomm: source
Chipmaker Broadcom plans unsolicited bid for Qualcomm: sourceby wpjljron
Friday, November 3rd, 2017.Chipmaker Broadcom plans unsolicited bid for Qualcomm: source(Reuters) – Broadcom Ltd (AVGO.O) is planning an unsolicited bid for smartphone chipmaker Qualcomm Inc (QCOM.O) with an offer possible as soon as this weekend, a source familiar with the matter said on Friday. A tie-up between the two chipmakers would be the latest in the semiconductor industry that has been rapidly consolidating as companies […]
(Reuters) – Broadcom Ltd (AVGO.O) is planning an unsolicited bid for smartphone chipmaker Qualcomm Inc (QCOM.O) with an offer possible as soon as this weekend, a source familiar with the matter said on Friday. ....

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