SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › Manufacturer › Broadcom completes its move to the US from Singapore
  • 0

Broadcom completes its move to the US from Singapore

SemiMediaEdit
April 7, 2018

Broadcom said on Wednesday it had completed its move back to the United States from Singapore, weeks after President Donald Trump blocked its $117 billion offer to buy Qualcomm on national security grounds.

Broadcom, which was a U.S. company until it was bought in 2016 by Singapore's Avago, had announced its plan to redomicile on Nov. 2, days before making its first offer for Qualcomm.

The company said it exchanged all shares of Broadcom Ltd. to newly issued stock of Broadcom Inc. on a one-for-one basis and that its stock would continue to trade under the same ticker.

Broadcom's existing co-headquarters in San Jose, California will become its sole headquarters, the company said.

The move to the United States could allow Broadcom to buy U.S. companies without coming under the scrutiny of the Committee on Foreign Investment in the United States (CFIUS), which has the power to stop deals that could harm national security.

Editor's Note: This is a guest post from CNBC.

Related

Acquisition AVAGO Broadcom Qualcomm
Samsung to adjusts MLCC price
Previous
Qualcomm sets new NXP merger deadline amid uncertainty
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Mouser Electronics expands to the Philippines with local customer service center
Qualcomm ranked first in the world's top ten IC design companies
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
ST releases price increase notice

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

Vishay launches new 1200 V SiC power modules for automotive and energy systems

Vishay launches new 1200 V SiC power modules for automotive and energy systems

December 4, 2025
0
ROHM launches high-speed RPR-0730 optical sensor for industrial and printing systems

ROHM launches high-speed RPR-0730 optical sensor for industrial and printing systems

December 3, 2025
0
Vishay Launches 1500V Automotive-Grade Solid-State Relay for Battery Management Systems

Vishay Launches 1500V Automotive-Grade Solid-State Relay for Battery Management Systems

November 28, 2025
0
Nexperia Netherlands calls for immediate dialogue with Nexperia China to resolve supply chain disruptions

Nexperia Netherlands calls for immediate dialogue with Nexperia China to resolve supply chain disruptions

November 28, 2025
0
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator