News - subcat

Wall Street not that happy with Broadcom
Published in News
Friday, 13 December 2019 11:37

Wall Street not that happy with Broadcom


Slowing growth and dull 2020

Broadcom fourth-quarter earnings beat Street estimates on Thursday, but investors were put off by slowing growth in the semiconductor business and a lukewarm revenue forecast for 2020.

Broadcom agrees Symantec deal
Published in News
Friday, 09 August 2019 11:12

Broadcom agrees Symantec deal


Breaks up the security vendor

As we suspected earlier in the week, Broadcom has agreed to buy Symantec's enterprise business in a massive $10.7 billion deal that will break up the world's largest pure-play cybersecurity vendor.

Broadcom likely to buy Symantec enterprise business
Published in News


Deal close

Broadcom is likely to buy Symantec  enterprise business and in fact many expected it to be agreed yesterday.

Broadcom will not buy Symantec
Published in News
Tuesday, 16 July 2019 12:08

Broadcom will not buy Symantec


Too pricy

Broadcom has kicked the tyres of security outfit Symantec but walked out of the showroom after failing to agree a price.

Chipmakers suffering during trade war
Published in News
Friday, 14 June 2019 10:52

Chipmakers suffering during trade war


No  second half recovery this year

US chipmaker Broadcom warned a US-China trade conflict and export restrictions on Huawei were causing a worldwide slowdown in demand for chips.

Volkswagen buries the hatchet with Broadcom
Published in Transportation
Thursday, 22 November 2018 12:24

Volkswagen buries the hatchet with Broadcom


Ends patent lawsuit

Adolf Hitler’s favourite car company Volkswagen has struck a deal with Broadcom ending a billion dollar patent lawsuit.

Broadcom predicts it will earn more cash
Published in News
Friday, 07 September 2018 13:00

Broadcom predicts it will earn more cash


Higher demand for data centre tech 

Broadcom predicted current quarter revenue largely above estimates on higher demand for components that power data centres.

Broadcom loses $18.9 billion after CA deal
Published in News


Wall Street convinced that it has lost the plot

Broadcom has seen more than $19 billion wiped off the value of its company after Wall Street gave a plan to buy Computer Associates (CA) the thumbs down.

Broadcom to buy CA
Published in News
Thursday, 12 July 2018 12:18

Broadcom to buy CA


Worth $18.9 billion


Broadcom announced plans to buy IT management software company CA for $18.9 billion in cash, just months after US regulators blocked Broadcom's deal to buy fellow chip-maker Qualcomm.

Broadcom has laid off 1,100 workers
Published in News
Friday, 15 June 2018 12:19

Broadcom has laid off 1,100 workers


More likely to follow

Broadcom has laid off about 1,100 workers as part of cost cutting following its $5.5 billion acquisition of Brocade, and more cuts are expected to come.