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Available Expert - Broadcom offers $105 billion for Qualcomm

Monday, November 6, 2017

Queen’s University business expert John-Kurt Pliniussen is available to comment on Broadcom offering $105 billion for Qualcomm in a landmark deal. Broadcom made an offer of $70 a share in cash and stock for Qualcomm, the world’s largest maker of mobile phone chips. Buying Qualcomm would make Broadcom the third-largest chipmaker, behind Intel Corp. and Samsung Electronics Co.

“Broadcom’s acquisition of Qualcomm will be largest tech merger ever,” says Dr. Pliniussen. “It will also create the most powerful component maker ever. Broadcom has been growing steadily and profitably by developing chips and components for the top global brands like Apple, HTC and Google. Apple will soon become the world’s first trillion dollar valued company because of the growing importance of mobile technology which is a core strength of Broadcom. So the next cliché will be ‘An Apple a day the Broadcom way’.”

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