# Broadcom proposes to acquire Qualcomm for $130 billion

Broadcom Limited proposed to acquire all outstanding shares of Qualcomm Incorporated for $70.00 per share in cash and stock, valuing the transaction at approximately $130 billion including net debt. The proposal includes a $5 billion convertible debt financing commitment from Silver Lake Partners.

- Type: Acquisition
- Announced: 2017-11-06
- Where: San Jose, California, United States
- Value: $130.0B
- Status: announced
- Products: semiconductor devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Qualcomm](https://endata.com/companies/16058.md) (target)
- [Broadcom](https://endata.com/companies/19514.md) (acquirer)
- [Silver Lake Partners](https://endata.com/companies/27864.md) (investor)
- [Brocade Communications Systems](https://endata.com/companies/28239.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/804328/000119312517333576/d488238dex991.htm), 2017-11-06: "Broadcom Limited today announced a proposal to acquire all of the outstanding shares of Qualcomm Incorporated for per share consideration of $70.00 in cash and stock."
- [usatoday.com](https://www.usatoday.com/story/money/2017/11/06/broadcom-qualcomm/835055001/), 2017-11-06: "Broadcom is pitching a deal to acquire Qualcomm for more than $103 billion in a combination of two semiconductor giants."
- [financialpost.com](https://financialpost.com/technology/update-1-broadcom-offers-to-buy-mobile-chipmaker-qualcomm-for-103-billion/), 2017-11-06: "Broadcom Ltd on Monday said it offered to buy smartphone chip supplier Qualcomm Inc for US$70 per share or US$103 billion in cash and stock."
- [lightwaveonline.com](https://www.lightwaveonline.com/business/mergers-acquisitions/article/16673547/broadcom-makes-offer-for-qualcomm), 2017-11-06: "Broadcom's proposal is compelling for stockholders and stakeholders in both companies."
- [convergedigest.com](https://convergedigest.com/broadcom-bids-130-billion-to-acquire/), 2017-11-07: "Broadcom announced a proposal to acquire all of the outstanding shares of Qualcomm for $70.00 per share in cash and stock, making the offer worth $130 billion in total"
- [bloomberg.com](https://www.bloomberg.com/news/articles/2017-11-07/broadcom-s-105-billion-bid-to-get-inside-every-device-on-earth), 2017-11-07: "Broadcom Offers $105 Billion for Qualcomm"
- [prnewswire.com](https://www.prnewswire.com/news-releases/broadcom-completes-acquisition-of-brocade-communications-systems-300558525.html), 2017-11-17: "We are pleased to complete this transaction, which strengthens Broadcom's position as a leading provider of enterprise storage and networking solutions"
- [investors.broadcom.com](https://investors.broadcom.com/news-releases/news-release-details/broadcom-proposes-acquire-qualcomm-7000-share-cash-and-stock-0), 2018-05-10: "Broadcom today announced a proposal to acquire all of the outstanding shares of Qualcomm Incorporated for per share consideration of $70.00 in cash and stock."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.