Broadcom's $19 billion deal to buy 'unloved' CA Technologies shocked everyone...
Broadcom's stock plummeted on Thursday following news of its $18.9 billion acquisition of CA Technologies.While investors fled, analysts familiar with the companies aren't so sure that the deal is bad...
View ArticleTech acquisitions came to a screeching halt in Q2, and the reasons are...
The total value of mergers and acquisitions in the tech sector fell to its lowest level in five years in the second quarter, according to an upcoming PricewaterhouseCoopers report.The decline followed...
View Article9 reasons why there was a sudden slowdown in tech acquisitions last quarter...
The year was supposed to be a boom time for mergers and acquisitions in the tech sector. But that's not how it's turning out.After a surge of activity in the first quarter, tech M&A activity slowed...
View ArticleBroadcom and CA trim their losses after the former says there was a...
Broadcom and CA shares slid Wednesday after Senator Rand Paul (R-Ky.) called for a federal national security review of their merger.Shares trimmed their losses after Broadcom said there was a...
View ArticleBroadcom says there’s a ‘fraudulent’ memo about it circulating among Senators...
Broadcom claims that a memo circulating in the Senate calling for a national security review of the Broadcom-CA merger is "fraudulent."The memo, which hasn't been released, initially appeared to be...
View ArticleM&A activity in the tech sector rebounded in the third quarter — these 3...
The mergers-and-acquisitions market in the tech industry rebounded in the third quarter after seeing a slump in the second.The value of such deals hit $66.4 billion, which was more than double the...
View ArticleApple's recent woes are bleeding into its global supply chain as stock...
Apple and its suppliers were among the hardest hit during Tuesday's broad plunge in both US and Asian markets. Some suppliers have slashed their targets, citing weaker conditions. The selling continued...
View ArticleTrump's trade war strikes again: Broadcom plummets after cutting its yearly...
Broadcom shares sunk on Friday morning as the chipmaker missed revenue estimates and lowered its sales outlook for the year. The broader semiconductor industry has been caught in the crosshairs of the...
View ArticleA California-based chip company just took a $2 billion hit following Trump's...
Chipmaker Broadcom slashed its annual revenue outlook by $2 billion, marking one of the first instances in which the financial impact of Huawei's blacklisting on a US company have been partly...
View ArticleBroadcom tells Wall Street it will focus on acquiring software companies, a...
Semiconductor giant Broadcom grabbed headlines last year during its $117 billion hostile takeover bid for Qualcomm. Now the company is turning away from semiconductor acquisitions.In a conversation...
View ArticleSymantec's stock is spiking on a report Broadcom is in advanced talks to buy...
Symantec shares spiked early Wednesday after Bloomberg reported Broadcom was in "advanced talks" to acquire the cybersecurity firm, citing people familiar with the matter.Symantec shares posted the...
View ArticleA Wall Street analyst warns that Broadcom's reported bid for Symantec will...
Broadcom's reported bid to buy Symantec will likely raise questions on the chipmaker's strategy, a Morgan Stanley analyst said.Broadcom has been focusing more on buying software companies, but it's...
View ArticleSymantec gains on report that Broadcom has secured funding to acquire the...
Broadcom has secured the financing it needs to acquire Symantec, according to a Bloomberg report.Shares of Symantec jumped more than 4% on the news, while shares of Broadcom slid lower. Broadcom has...
View ArticleSymantec tanks after CNBC reports that the company has ceased deal talks with...
Symantec and Broadcom have ceased deal negotiations because Symantec would not accept less than $28 a share, according to CNBC.Shares of Symantec tanked on the news that the deal had fallen through....
View ArticleBroadcom could announce a $10 billion deal to acquire Symantec's enterprise...
Broadcom's efforts to acquire Symantec's enterprise business are back on, after negotiations fell apart last month due to price disagreements. According to the Wall Street Journal, Broadcom could buy...
View ArticleIt's official: Broadcom is buying Symantec's enterprise security business for...
Broadcom is buying Symantec's enterprise security business for $10.7 billion in cash.The deal is expected to close in the first quarter of its fiscal year 2020.Visit Business Insider's homepage for...
View ArticleA Wall Street analyst thinks Cisco is about to introduce a new processor...
Cisco is making a big announcement on Wednesday this week, at an event led by CEO Chuck Robbins called "Future of the Internet."Raymond James analyst Simon Leopold speculates that the tech giant is...
View ArticleThese are the 11 best-performing major stocks of the 2010s
The last 10 years saw the US economic expansion become the longest in history, but some stocks surged far higher than the S&P 500 index through the 2010s.While tech firms took the spotlight for...
View ArticleBroadcom will supply wireless components to Apple in a deal valued at $15...
Chipmaker Broadcom said on Thursday it has entered into two multi-year agreements with Apple for the supply of wireless components used in its products.The agreements, "2020 SOWs", are in addition to...
View ArticleOne of Apple's suppliers just dropped a big hint that the iPhone 12 will...
Broadcom's CEO has hinted that Apple's iPhone 12 could launch later than expected.CEO Hock Tan said the revenue boost it usually receives from the "ramp of next-generation phone at our large North...
View Article