Strategy

Broadcom Turns To Software After Failed Qualcomm Takeover

3 monthes ago   |   By Android Headlines

Broadcom is turning to software following its unsuccessful attempt to take over Qualcomm, with the company announcing an acquisition of New York City-based CA Technologies valued at almost $19 billion earlier this week. Yesterday's bid announcement prompted widespread skepticism from investors who plummeted Broadcom's stock by nearly 35 points, with the company ending Thursday trading at under $210. The technology giant is still unphased by the development and remains adamant to execute its new strategy focused on enterprise software service providers, i.e. buying as many such companies as...
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