Updated Monday 6 Nov by Tim Higgins
SAN JOSE, Calif., Nov. 6, 2017 /PRNewswire/ -- Broadcom Limited (NASDAQ: AVGO) ("Broadcom"), a leading semiconductor device supplier to the wired, wireless, enterprise storage, and industrial end markets, today announced a proposal to acquire all of the outstanding shares of Qualcomm Incorporated (NASDAQ: QCOM) ("Qualcomm") for per share consideration of $70.00 in cash and stock.
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If this happens, this would be horrible for end-users, as suddenly two of the biggest competitors in that market would end up merging together, and they would control pretty much the large majority of the market share for routers (as well as other wifi-related products).
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