broadcom

President Trump has blocked a Singapore-based company from taking over a major American tech firm. He says the proposed Broadcom buyout of Qualcomm posed a credible national security risk. The deal would have been the biggest in tech history. ... Qualcomm makes a wide range of computer and gadget components with a particular emphasis on those used in communications devices such as phones. It helped develop key systems used to carry data over cellphone networks, allowing smartphones and tablets to get Internet access without relying on WiFi. Broadcom had offered $140 million to buyout Qualcomm. ... (view more)