Google, Microsoft concerned that a Broadcom acquisition of Qualcomm will benefit Apple

  • Google and Microsoft are among some of the major tech outfits that have complained to Qualcomm about the ramifications of a Broadcom acquisition of the chipmaker. Currently, Broadcom has a $ 70 a share deal on the table ($ 105 billion) forQualcomm consisting of $ 60 in cash and $ 10 in Broadcom shares. While there are sources suggesting that Qualcomm would be a willing seller at $ 80 a share and up, Broadcom is looking to install its own candidates on Qualcomm’s board, hoping that a proxy battle can help it win the company at the current bid price.

    Google and Microsoft are concerned about the …

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