Broadcom plans to acquire Qualcomm for $100 billion
Chipmaker Broadcom is planning to acquire its rival Qualcomm for over $100 billion, according to reports. The acquisition of Qualcomm would make Broadcom the third-largest chipmaker after Intel and Samsung Electronics. Broadcom, which has a market capitalisation of about $110 billion, aims to create a roughly $200-billion company through the biggest technology takeover ever.