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

Reuters 

(Reuters) - made an $18.9 billion bid for firm on Wednesday, the latest in the company's acquisition spree aimed at diversifying beyond

The deal, which took Wall Street analysts by surprise, came after U.S. stopped the company from trying to buy Qualcomm earlier this year.

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 of Avago, Tan pulled off the acquisition of Broadcom in a $37 billion deal more than two years earlier, bringing the two companies under one umbrella name of Broadcom. At that time, it was the largest-ever chip deal.

Below is a timeline of Avago's/Broadcom's major deals in the past six years. July 11, says it would buy U.S. business company for $18.9 billion, venturing far beyond its realm of Nov. 6, 2017

Broadcom made an unsolicited $103 billion bid for Qualcomm Inc, setting the stage for a takeover battle that could reshape the industry at the heart of

After a months-long tussle, the Broadcom and Qualcomm saga comes to an abrupt end, when in February 2018 Broadcom withdrew its bid to acquire Qualcomm, two days after U.S. blocked the attempt, citing national security concerns.

Nov. 2, 2016

Broadcom said it would buy for $5.5 billion in cash, to expand its and storage businesses. May 28, 2015

agreed to buy for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players.

Feb. 25, 2015

Avago said it would buy for $764 million, in a bid to extend Broadcom's presence in into fiber channel

Dec. 16, 2013

Avago said it would buy for $6.6 billion, as it turns to the fast-growing storage chip market to counter volatility in its business.

April 11, 2013

said it will buy and for about $400 million in cash.

(Reporting by in Bengaluru; Editing by Bernard Orr)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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