“The key to making acquisitions is being ready because you really never know when the right big one is going to come along” – Benjamin Franklin
The leading analog semiconductor company Avago Technologies is all set to buy its competitor Broadcom for $37 billion in cash and stock, merging two leaders in wireless and wired communication semiconductors.
This news has rocked the technology world as it is seen as the biggest chip deal in the history according to the data compiled by Bloomberg.