You are here: Home » Reuters » News
Business Standard

Timeline: Broadcom's ambitious deal history under CEO Hock Tan

Reuters 

(Reuters) - Broadcom Ltd made an $18.9 billion bid for software firm CA Inc on Wednesday, the latest in the company's acquisition spree aimed at diversifying beyond semiconductors.The deal, which took Wall Street analysts by surprise, came after U.S. President Donald Trump stopped the company from trying to buy Qualcomm earlier this year.Chief Executive Officer Hock Tan has made Broadcom a juggernaut in the chip space, pushing its market share this year in the sector to 30 percent from just 4 percent in 2013.As CEO of Avago, Tan pulled off the acquisition of Broadcom in a $37 billion deal ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, July 12 2018. 20:44 IST
RECOMMENDED FOR YOU