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

Mouser Electronics expands to the Philippines with local customer service center
Fire broke out at AKM factory in Japan
Qualcomm ranked first in the world's top ten IC design companies
TSMC’s CoWoS capacity to reach 75,000 wafers/month by end-2025
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
onsemi expects to produce 200mm SiC wafers by 2025

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

Infineon launches digital controller for 800V AI server power systems

Infineon launches digital controller for 800V AI server power systems

April 7, 2026
0
Vishay launches first 8mm SMD-4 automotive MOSFET driver for EV systems

Vishay launches first 8mm SMD-4 automotive MOSFET driver for EV systems

April 3, 2026
0
Infineon launches TLVR power module for AI server power demand

Infineon launches TLVR power module for AI server power demand

April 2, 2026
0
Renesas launches 650V bidirectional GaN switch to simplify power designs

Renesas launches 650V bidirectional GaN switch to simplify power designs

March 31, 2026
0
Copyright © 2017-2026 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
  • Electronic components distributor
  • Vishay
  • STMicroelectronics
  • NXP

SemiMediaEdit

Administrator