In a move that would make Austin Powers’ Dr. Evil shriek in happiness, chipmaker Broadcom is reportedly considering buying fellow chipmaker Qualcomm for $100 billion with a capital B.
According to Bloomberg, Broadcom is currently in talks with advisers on how to best approach the potential bid, which is likely to be made official in the next few days. The unnamed sources also stressed that no final decision has been made, however, so there is still a chance for Broadcom to not proceed with a bid.
For Broadcom and Qualcomm, the $100 billion bid would make a good deal of sense. A deal of this kind aligns with the current industry trend of consolidation, but also [...]