Chipmaker Broadcom's deal history under chief Hock Tan

By on
Chipmaker Broadcom's deal history under chief Hock Tan

Broadcom is in talks to buy software maker VMWare, according to sources familiar with the matter, a deal that would transform the chipmaker into a diversified tech firm.

Buying VMware, which has a market capitalisation of US$40 billion, would be Broadcom's most ambitious attempt at a deal since its effort to buy Qualcomm for US$103 billion failed in 2018.

Below is a timeline of Broadcom's major deals under its chief executive Hock Tan:

August 2019: Broadcom agrees to Symantec enterprise security business for US$10.7 billion in cash.

11 July 2018: Broadcom says it will acquire US business software company CA Inc for US$18.9 billion, venturing far beyond its realm of semiconductors.

6 November 2017: Broadcom makes an unsolicited US$103 billion bid for Qualcomm Inc, setting the stage for a takeover battle that could reshape the industry at the heart of mobile phone hardware.

February 2018: Broadcom withdraws its bid to acquire Qualcomm, two days after US President Donald Trump the attempt.

2 November 2016: Broadcom says it will network gear maker Brocade Communications Systems Inc for US$5.5 billion in cash, to expand its fibre channel and storage businesses.

28 May 2015: Avago Technologies agrees to Broadcom Corp for US$37 billion in the largest merger of chipmakers ever. After the takeover, Avago changes its name to Broadcom.

February 2015: Avago says it will Emulex Corp for US$764 million, in a bid to extend Broadcom's presence in storage networks into fiber channel technology.

December 2013: Avago says it will LSI Corp for US$6.6 billion, as it turns to the fast-growing storage chip market to counter volatility in its main wireless business.

April 2013: Avago says it will optical chip and component maker CyOptics Inc for about US$400 million in cash.

(Compiled by Supantha Mukherjee; Editing by Matt Scuffham and Jan Harvey)

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Log in

Email:
Password:
  |  Forgot your password?