To the surprise of few, Qualcomm’s board of directors on Nov. 13 rejected Broadcom’s week-old $105 billion unsolicited bid for the company, saying the offer undervalues Qualcomm and doesn’t take into account the chip maker’s growing influence in the IT industry. Despite the rejection, Broadcom officials said they intend to continue pursuing the acquisition and […]
Qualcomm, the world’s largest vendor of mobile processors, is now challenging rival Intel in the rapidly changing data center market. The company is now selling its long-awaited Centriq 2400 Arm-based server processor that is aimed at the fast-growing cloud market and that Qualcomm officials say beats Intel in such crucial areas as power efficiency and […]
Broadcom is making an unsolicited bid to buy mobile chip maker Qualcomm for $130 billion, which would create a chip-making behemoth with the capabilities to challenge industry leaders Intel and Samsung and continue the multiyear consolidation trend in the semiconductor space. The deal would combine Broadcom’s broad chip-making business, which supplies silicon for everything from […]
Lenovo, buoyed by a financial quarter that saw a 20 percent revenue jump in its PC business, is buying a controlling stake in Fujitsu’s troubled PC business. The two companies announced Nov. 2 that they, along with the Development Bank of Japan, are creating a joint venture around Fujitsu’s PC business, with Lenovo buying a […]
DALLAS, Texas—Cisco Systems is introducing a virtual assistant technology on its cloud-based Spark collaboration platform that is the fruit of the vendor’s acquisition earlier this year of artificial intelligence vendor MindMeld. The Cisco Spark Assistant is an enterprise-class voice assistant that is designed to help companies facilitate more effective meetings and can be used not […]
VMware, building on the strength of its NSX network virtualization technology, is buying VeloCloud Networks as it extends its ongoing networking competition with Cisco Systems into the fast-growing software-defined WAN market. VMware officials announced the deal Nov. 2, saying it will enable the company to build out its network virtualization portfolio and add branch networking […]
SANTA CLARA, Calif.—For most of its history, Arm has been known for the highly-efficient chips that helped drive the development and popularity of the smartphone and fuel the mobile device movement that steamrolled rival Intel. While that maturing market is still important to the company, since its acquisition last year by Japanese IT giant SoftBank […]
Cisco Systems’ planned $1.9 billion acquisition of cloud communications vendor BroadSoft is the latest step by the vendor to shift its business model to one better suited to the cloud-centric nature of modern enterprises and also marks the continued consolidation in the crowded unified communications market. On Oct. 23 Cisco officials announced the company’s intent […]
Qualcomm officials are introducing its latest mobile chip platform while at the same time talking about the gains the company’s made in the fast-approaching 5G wireless world. The company Oct. 17 unveiled its Snapdragon 636 processors, which promise as much as a 40 percent performance improvement in devices and a 10 percent increase in gaming […]
Intel has taken a big step in the increasingly crowded quantum computing space with the introduction this week of a 17-quibit test chip that company officials say includes a unique design that will deliver a greater yield and performance than other offerings. Intel is working with a company in the Netherlands, QuTech, as it looks […]