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Broadcom Explores Buying Qualcomm (bloomberg.com)

phalse phace writes: Bloomberg news is reporting that Broadcom may be planning to make an offer to buy Qualcomm. From the report: "Broadcom Ltd. is considering a bid of more than $100 billion for Qualcomm Inc., according to people familiar with the matter, in what would be the biggest-ever takeover of a chipmaker. Broadcom is speaking to advisers about the potential deal, said the people, who asked not to be identified because talks are private. The offer of about $70 a share would include cash and stock and is likely to be made in the coming days, the people said." If the deal goes through, Broadcom would become "the world's third largest chipmaker behind Intel Corp. and Samsung Electronics Co. and give it a huge swath of the supply chain of vital phone components such as Wi-Fi and cellular modem chips. The two companies are already among the top ten providers of chips ranked by revenue in an industry that's consolidating rapidly."

69 comments

  1. Broadcom also moving their HQ from Singapore to US by xmas2003 · · Score: 1
    --
    Hulk SMASH Celiac Disease
  2. New name by Anonymous Coward · · Score: 0

    Broqualcommm/.

  3. NOOOOOOO by lactose99 · · Score: 4, Insightful

    Broadcom sucks at releasing firmware and hardware programming specs for their wireless gear.

    Broadcom wants to buy Qualcomm

    Qualcomm bought Atheros, who was traditionally much much better at releasing firmware and programming specs.

    This is going to suck.

    --
    Fully licensed blockchain psychiatrist
    1. Re:NOOOOOOO by Anonymous Coward · · Score: 1

      Avago bought broadcom and took the new name. Avago is basically a holding company with each acquired business operating independently. They are also extremely profit driven so that might affect your concerns.

      If you work for qualcomm you should be concerned.

    2. Re:NOOOOOOO by Blymie · · Score: 1

      I've used 3ware -> LSI -> Avago -> Broadcom raid cards for 20 years.

      Support during the 3ware and LSI days was great. Never had an issue, even with 'unsupported' drives and support -- as long as I showed the technical skill to work with LSI on issues.

      Avago was fine right after the buyout, but these days technical support people at Broadcom are just not skilled. With LSI, you'd call/email.. and someone that seemed to actually understand raid, and how their products worked, would assist you.

      Not now. Every contact I've had there in the last 2 years, has resulted in people that are effectively looking up info from internal wikis or knowledge libraries, and just reading those responses. Issues are often replied to with canned responses, from people that don't even 'get' what's happening.

      This is with detailed logs, and other info that makes the response nonsensical.

      For example, I had issues with 10TB drives dropping out of an array. I was quickly told that my drives were NAS drives, so how could I expect them to work with a raid card!? Meanwhile, these same NAS drives are raided in every NAS application I've ever seen, and yes with similar broadcom products.

      Also, retailers like Newegg were selling a raid card directly, not via 3rd party sellers -- and in quantity, just a year ago. Yet, another issue with a broadcom product, this raid card, I was told that the product was "out of support" for 4 years. 4 years!!

      Surely, there was not 3+ years of stock in the supply chain. Meaning, that Broadcom was selling product for years after refusing to support it?

      No, likely it was again a case of support trying to 'get out of doing their job'.

      Support has gone way, waaaay, waaaaaaaaay downhill after the takeover.

      The scary part is, these guys account for almost all raid card chips in the world. LSI was a powerhouse, products in every server, rebranded by Dell, Supermicro, HP, you name it. And Broadcoms own puny lineup of pre-existing raid chips, must put it up very high end, for hardware raid.

      (EG, not chips that are really hybrid/software raid chips)

      NVMe gives hope, I've seen many new players in the market. It would be nice to see competition again.

    3. Re:NOOOOOOO by DonaldWilliamGillies · · Score: 1

      As Avago is a Taiwanese company, I am certain that if they buy Qualcomm then the $800m fine from the Taiwanese government against Qualcomm will "magically" disappear

    4. Re: NOOOOOOO by Anonymous Coward · · Score: 0

      As Avago is a Taiwanese company, I am certain that...

      1) Avago is not a Taiwanese company.
      2) Avago has never been a Taiwanese company.
      3) Avago no longer exists in any legal form.

      Broadcom Limited, a Singaporean company, was founded following the merger of Avago and Broadcom Corp.

  4. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    Is that before or after it’s announced that you’re the fattest man in your city?

  5. Rebranding by Quirkz · · Score: 2

    It would make me very happy if the merged company rebranded to become Comcomm.

    1. Re:Rebranding by freeze128 · · Score: 1

      They also should have bought 3com.

    2. Re: Rebranding by Anonymous Coward · · Score: 0

      They are also buying Brocade so...
      BroBroComComm

  6. Broadcom Makes Everything by Anonymous Coward · · Score: 0

    Broadcom makes everything related to storage, from RAID controllers to drive chipsets. A purchase of Qualcomm does make good financial sense for Broadcom, because they could make cheap-as-chips single chip (SoC) phones. They do have extensive experience with ARM in the storage field. Perhaps they see a potential benefit to a Microsoft-Broadcom/Qualcomm partnership (QualSoft? MicroCom?), similar to Microsoft-Intel partnership that significantly benefited both players in the 90s (WinTel).
     
    Funny part is that Broadcom (well, the LSI part of Broadcom) made proprietary RAID controllers for Intel. By proprietary, I mean won't work on anything but an Intel board. But the guts are the standard SAS2008 / SAS2208 / SAS3008 on a stock LSI board.

    My captcha is "shorted". I wonder if slashdot is hinting I need to short Intel's stock ;)

    1. Re:Broadcom Makes Everything by Anonymous Coward · · Score: 0

      broadcom has their hands in everything. Storage controllers, everything wifi, everything bluetooth, everything RF4CE. They are also the defacto standard for set top box SOC's and have an extensive background in video processing. They basically cover every single base except cell frequencies

  7. Re:Broadcom also moving their HQ from Singapore to by Anonymous Coward · · Score: 0

    Which makes it obvious that moving their mailing address was done just to make it easier for US regulators to approve this acquisition.

  8. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    Proof that fat people make other people stupid.

  9. They could call it Comcomm by Required+Snark · · Score: 1

    When there is only one semiconductor manufacturer left what will it be called?

    --
    Why is Snark Required?
    1. Re: They could call it Comcomm by Anonymous Coward · · Score: 0

      The winner. It will be called the winner.

      Next question?

    2. Re: They could call it Comcomm by Anonymous Coward · · Score: 0

      It will be the AllWinner.

      The Chinese are just biding their time to buy up the reaming players for less $$ after the current consolidation

      They even have the shell company ready to go. https://en.wikipedia.org/wiki/Allwinner_A1X

    3. Re:They could call it Comcomm by Agripa · · Score: 1

      When there is only one semiconductor manufacturer left what will it be called?

      It will not matter because they will only be making products for the single combat aircraft that the US military can buy.

      https://en.wikipedia.org/wiki/...

  10. Incomprehensible by puddingebola · · Score: 3, Insightful

    Incomprehensible swallowing of giant Qualcomm by Giant Broadcomm which was itself swallowed by giant Avago technologies to form giant Broadcomm Limited which has 13 billion in revenue while Qualcomm has 23 billion in revenue (how is that possible?) which will form new company BROADQUAL which will be investigated by the Department of Justice under the Sherman Anti-Trust act for anti-competitive practices, which Qualcomm is already being investigated for. And I ended the run-on senctence with a preposition. We are running forward into the cattle.

  11. They fucking deserve each other by Anonymous Coward · · Score: 0

    Unfortunately, the world does not deserve the chimera that is born from that.

  12. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    A fat man thinks other people are stupid
    can't publish his own poetry before Jan 1 2018
    His name is Chris

  13. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    A fat man weighed 360 pounds
    Weighs 375 on low-carb diet
    His name is Chris

  14. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    Let's not forget the failed literary critic. Stupid does as stupid do.

    P.S., Asshole, I'm not Chris.

  15. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    ... so writes the failed literary critic.

  16. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    A fat man's karma is at -1
    stays at -1 after many posts
    His name is Chris

  17. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    ... so writes the failed literary critic. Again!

  18. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    Let's not forget the failed literary critic. Stupid does as stupid do.

    P.S., Asshole, I'm not Chris.

    Sure, Chris. Your crammar totally doesn't give you away.

    https://en.wiktionary.org/wiki...

  19. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    You sound bitter, sweet tits.

  20. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    A fat man can't publish his own poetry before Jan 1 2018
    calls other people failed
    His name is Chris

  21. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    Shut up, Lilly!

  22. My memory's fuzzy but... by Anonymous Coward · · Score: 0

    Didn't Broadcom just get finished acquiring Brocade? Or is that deal still in limbo?

  23. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    A fat man always admits defeat
    in the same stupid way
    His name is Chris

  24. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    Every AC is named Chris and Lilly. And we all float!

  25. I used to work for Qualcomm by Snotnose · · Score: 5, Insightful

    Was a consultant in the 90s (Globalstar), then an employee in the '00s. Left in '08. Best company I ever consulted/worked for, by far. Few years back went sailing with a friend, who's friend's boyfriend left Texas Instruments for Qcom, relocating in the process. He didn't want to talk about his work, but said the move was his worst career move he'd ever made. Few months later, 3 couples on a sailboat. Me, my friend, owner of the sailboat and her BF, the ex-TI guy, and a guy I'd worked with in the 90s and some woman sailboat owner was trying to setup with Qcom 90s guy. Ken was his name.

    I started talking to Ken about Qcom, he didn't want to talk about it. He was perfectly willing to talk about Qcom 20 years ago, but not life there now. Keep in mind this guy had been there for some 30 years, he was worth a few million, and was still working. He pretty much said that when Paul took over the culture changed overnight. The annual Christmas party, that used to be several shades past awesome? Cancelled. The summer picnics I took my 1 digit old grandkids to? cancelled. The dinners that came in at 7 PM when you were waiting for a chip to clear customs? Cancelled.

    I ended up selling all my stock and cashing in my options around 7-8 years ago cuz I needed the money, but damn, that stock hasn't gone anywhere since then. Think I sold at 50 something, stock is now 62 something.

    1. Re:I used to work for Qualcomm by Anonymous Coward · · Score: 0

      Paul was no Irwin, and neither is Steve..

    2. Re:I used to work for Qualcomm by Anonymous Coward · · Score: 0

      Also to add:

      They had two employee suicides within 3 years several years ago. One was publicized all over the news, but the other was kept suspiciously hush-hush by the media, even though employees knew about it. Employee morale has been bad, workload was becoming unreasonable. The free lunch they used to serve whenever meetings were scheduled during those times are also gone. Employees no longer have individual offices. Longer hours, more intensive tapeout schedules. Working on weekends is expected.

    3. Re:I used to work for Qualcomm by DonaldWilliamGillies · · Score: 2

      I am pretty sure I know which "Ken" you are talking about (he managed my wife on the Globalstar project, and visited our house many times.) Qualcomm went to hell in about 2012. I got out in 2013. Ken stayed until 2015, and is now touring the country in his personal motor home, and is out sailling this week. However, he is not "worth a couple of million". Qualcomm always treated him poorly, he was employee #30, and it had not promoted him beyond senior staff in over 20 years, despite his loyalty and hard work, like most of the people who pulled more than their weight, Qualcomm shits on those people and gave all the bonuses to the suits with ties who are "In the club".

  26. Chris Dale Reimer hates himself more than anything by Anonymous Coward · · Score: 0

    Right-o.. literally-absolutely-totally-like nobody cares about you other than a few people who feel pity for you and a handful who detest you enough to spam and downvote your every murmur and track your endless piss stream of sockpuppets

    Nobody in any of those groups is going to come here and make a bunca AC posts defending you. At best they may tell people to knock it off because it shits up the post feed or maybe give you constructive advice about how to unfuck yourself

    Which by the way you have ignored every single fucking time. And you fucking know if because you attempted to disguise your anonymous cashews account with a few initial posts like "Woah chris calm down and stop being so annoying" as no doubt your parents, special ed teachers, scoutmasters, coaches, bosses, and whatever else have been doing to you for your entire fucking life. You're at least a little aware of what a cockbag you are and yet you won't stop.
    Imagine life as a normal fucking human jesus christ you little asshole.
    It's not to "piss off your trolls and make money off them" or some garbage like that.. I've seen trolls who are dedicated agitators or spammers.

    It's like you hate yourself or something, you desperately want acceptance on this dying irrelevant website for god knows why. Go use your welfare healthcare to go to a fucking shrink and unfuck your head you self loathing pile of shit.

  27. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    A fat man imagines a woman stalking him
    can't talk to women in real life
    His name is Chris

  28. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    It must be hell for the people who have to endure your humor at family gatherings and work parties. It's a blessing to humanity itself that those are the deepest social bonds in your life.

  29. Embedded Automotive Rollercoaster. by 0100010001010011 · · Score: 3, Interesting

    Sigh.

    We have chips, in use, that were of Motorola design when they were in cahoots with IBM and Apple. Then Freescale. Then NXP. Now Qualcomm. They just now updated their default install location from C:\Freescale to C:\NXP.

    Maybe moving to Renesas won't be too terrible... then again they were NEC.

    1. Re:Embedded Automotive Rollercoaster. by tarokejihi · · Score: 1

      More precisely Renesas results from the merge of Hitatchi and Mitsubishi, and afterwards NEC. They sells MCUs from the 3 (think SH for exemple).

      It's a good company to work in, people are very dedicated. For exemple, they contribute a lot to the kernel, see https://www.linuxfoundation.or....

      Funnily, Renesas acquired Nokia Mobile R&D. The objective was to become a major contender to Qualcomm. Then after failure they sold this business to ... Broadcom.

    2. Re:Embedded Automotive Rollercoaster. by drinkypoo · · Score: 1

      More precisely Renesas results from the merge of Hitatchi and Mitsubishi, and afterwards NEC. They sells MCUs from the 3 (think SH for exemple).

      Is anyone still actually buying those? I didn't think they'd been keeping them current.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    3. Re:Embedded Automotive Rollercoaster. by tarokejihi · · Score: 1

      Drinkypoo San, may be you are right, SH are not bought. However they are still sold ;-) see https://www.renesas.com/en-us/...

  30. Re:Yesterday's story... by Anonymous Coward · · Score: 0
  31. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    Just give it a rest, asshole. We don't care about your fake Internet rage.

  32. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    A fat man sees rage
    autism prevents seeing reality
    His name is Chris

  33. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    Failed literary critics are the most difficult people to put up with over the holidays. Especially when they're waiting for the muse to fart lightning and shit thunder.

  34. Re:Broadcom also moving their HQ from Singapore to by drew_kime · · Score: 1

    Which makes it obvious that moving their mailing address was done just to make it easier for US regulators to approve this acquisition.

    And don't forget the pending litigation with Apple. Might play better for them as an "American" company.

    --
    Nope, no sig
  35. Re:Chris Dale Reimer hates himself more than anyth by Anonymous Coward · · Score: 0

    If you want to talk to Chris, why don't you reply to his comment? You're replying to an AC who may be Chris, Lilly or you. A lot of these replies are just virtual masturbations.

  36. Re:Chris Dale Reimer hates himself more than anyth by Anonymous Coward · · Score: 0

    A fat man talks about masturbation
    sticks to what he knows
    His name is Chris

  37. Re:Chris Dale Reimer hates himself more than anyth by Anonymous Coward · · Score: 0

    A failed literary critic writes shit on the walls with his fingers.

  38. Wait, what? by Guspaz · · Score: 1

    Errm, Qualcomm is double the size of Broadcom (both in terms of revenue and number of employees). How the heck is a $13 billion revenue company (Broadcom) with only $4 billion in cash reserves going to buy a company for $100 billion?

    1. Re: Wait, what? by Anonymous Coward · · Score: 0

      Leveraging...
      Basically cash + debt to wall street loan sharks + stock in the combined company

    2. Re:Wait, what? by TooManyNames · · Score: 1

      Lots of debt... don't forget that Broadcom was actually bigger than Avago when Avago made that purchase.

      Even with a lot of debt, though, Broadcom (Avago) is actually really good at repayment following acquisitions: they basically slice up what they acquire in order to pick off the business units they really want, and sell off the rest. That means that they recoup a lot of the expense of an acquisition pretty much immediately. Obviously it's not great if you happen to work for one of those less desirable business units, but, hey, it's not much better if you're part of one of the desired units either: Broadcom is also highly aggressive about improving profitability of business units; their m.o. is basically cut until it bleeds.

      Still, from an investment bank perspective, Broadcom has traditionally been a pretty good lending opportunity.

      --
      "Is not a sentence" is not a sentence. Well damn.
  39. Re:Broadcom also moving their HQ from Singapore to by Desler · · Score: 2

    Except it’s Qualcomm that filed suit against not Broadcom.

  40. Google image find creimer is "senior citizen" by Anonymous Coward · · Score: 0

    https://imgur.com/a/0Wknf

    Hahaha creimer you fat pig.

  41. Comparing Broadcom to Qualcomm by Anonymous Coward · · Score: 1

    I worked at both

    I've invested in both companies

    A confession - I have a builtin bias. I know Hock Tan, Broadcom's boss, for decades (before he went into Broadcom)

    Overall impression:
    Dishonesty runs in the veins of Qualcomm while paranoia runs in the veins of Broadcom

  42. KKR & Silverlake by Anonymous Coward · · Score: 0

    KKR - http://www.kkr.com/kkr-today

    Silverlake - http://www.silverlakegroup.com/

    These are the money guys behind Avago / Broadcom, and Hock Tan is their point man to set up the world's 3rd largest semiconductor company

  43. Re:Broadcom also moving their HQ from Singapore to by drew_kime · · Score: 1

    Except it’s Qualcomm that filed suit against not Broadcom.

    You know this story is about Broadcom buying Qualcomm, so they'll be the same company, right?

    --
    Nope, no sig
  44. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    ...that's not funny, and doesn't make any sense. Tha'ts our Reimer!

  45. Re:Chris Dale Reimer hates himself more than anyth by Anonymous Coward · · Score: 0

    A failed poet makes everyone queasy and can't publish his own feces before Jan 1 2018.

  46. Re:Yesterday's story... by Anonymous Coward · · Score: 0

    This failed literary critic weighs half what you do... And if I'm failed, why do I bother you so much, Chris?

  47. Re:Chris Dale Reimer hates himself more than anyth by Anonymous Coward · · Score: 0

    Nice try chris. We nest the comments so deeply so that we can shove shit in your face without bothering people in the main on topic thread cause we're decent fucking people with internet manners.

  48. Re: Broadcom also moving their HQ from Singapore t by Anonymous Coward · · Score: 0

    Except itâ(TM)s Qualcomm that filed suit against not Broadcom.

    You know this story is about Broadcom buying Qualcomm, so they'll be the same company, right?

    You know how stupid you look with all that egg on you face?