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Chip maker Avago Technologies to acquire Broadcom for $37B

Thursday, May 28, 2015 | More »

Avago_Broadcom
Singapore-headquartered Avago Technologies is in advance stages to acquire Broadcom Corporation for $37 billion in the largest M&A in chip making space, the company said on Thursday. The deal, which is subject to regulatory approvals, is expected to close by first quarter of 2016. Post acquisiti...