Qualcomm to Acquire Atheros

SAN DIEGO & SAN JOSE, Calif. — Qualcomm Incorporated (Nasdaq: QCOM) and Atheros Communications, Inc. (Nasdaq: ATHR), today announced that they have entered into a definitive agreement whereby Qualcomm intends to acquire Atheros, a leader in innovative technologies for wireless and wired local area connectivity in the computing, networking and consumer electronics industries. The acquisition…

Why a Qualcomm-Atheros Merger Makes Sense

Few high-tech acquisitions or mergers make sense on first mention. A deal for {complink 4505|Qualcomm Inc.} to acquire wireless chip supplier {complink 514|Atheros Communications Inc.} would be closest to one of the best unions the industry has seen in quite a while. The two companies play in more or less the same field, although recent…

Broadcom Completes Gigle Networks Buy

IRVINE, CA — Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, today announced that it has completed the acquisition of Gigle Networks Inc., a privately-held company that develops system-on-a-chip (SoC) solutions for home networking over power lines. In connection with the acquisition, Broadcom paid approximately $75 million to acquire…

Europe Accelerates Broadband Ramp

Consumers and corporations in Europe’s largest economies — France, Germany, Italy, and the UK — want the latest high-tech gadgets, telecommunications, and productivity enhancement tools, but the infrastructure to support these services is often lacking. European governments and businesses, disappointingly, have been slow to spend anything comparable to what counterparts in certain parts of Asia…

Forecast: More Deal-Making in 2011

A number of macroeconomic trends, including increased corporate M&A activity in the second half of 2010, the availability of attractive debt financing, and stronger valuations for corporate assets, have set the stage for more corporate M&A activity in 2011. “For the past 18 to 24 months, companies focused their deal making strategies on synergies to…

Tyco Completes ADC Tender

SCHAFFHAUSEN, Switzerland — Tyco Electronics Ltd. (NYSE: TEL) announced today the successful completion of its tender offer through its subsidiary, Tyco Electronics Minnesota, Inc., to purchase the outstanding shares of common stock of ADC Telecommunications, Inc. (Nasdaq: ADCT). The tender offer expired at 5:00 p.m., New York City time on Wednesday, Dec. 8, 2010, and…