Image Credits: MaboHH / Getty Images We’ve already started to see big M&A, as in multi-billion deals, finally pick up this year after a slow period last year. Today, KKR added to that growing total when it announced it was going to acquire Broadcom’s end user computing business for $4 billion. These pieces include VMware …
The US Supreme Court has rejected a bid by Apple and Broadcom to revive their challenges to Caltech’s data-transmission patents in a patent infringement case. The university’s previous $1.1 billion jury verdict against the companies was overturned. Apple and Broadcom appealed the lower court’s ruling, which prevented them from contesting the validity of the patents …
US semiconductor manufacturer Broadcom is soon expected to receive conditional EU antitrust approval for its $61 billion acquisition of cloud computing firm VMware. This news has caused the company’s shares to rise by nearly 5%. However, this approval is conditional upon Broadcom agreeing to remedies regarding interoperability with rivals to address concerns around competition. The …