Avago confirms $37B Broadcom buy

Semiconductor company Avago Technologies is to acquire rival Broadcom in a $37 billion deal, in a move which the acquirer said will give it “the most diversified communications platform in the semiconductor industry”. Hock Tan, president and CEO of Avago, …

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Avago in “advanced talks” to buy Broadcom – report

Chipmaker Avago Technologies is in advanced talks to buy rival Broadcom in a deal said to be worth $35 billion, according to The Wall Street Journal (WSJ). Details are unclear, but WSJ said a deal could be announced today. According to Reuters’ sources, …

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Vendors develop open source framework for Internet of Things

A collaboration of industry vendors took form on Tuesday with the inauguration of a consortium focused on improving interoperability and defining connectivity requirements for the billions of devices that will make up the Internet of Things (IoT).