Dateline City:
EL SEGUNDO, Calif.
EL SEGUNDO, Calif. (May 29, 2015) – Merger activity in the semiconductor industry moved to a new level with the announcement of the agreement for Avago Technologies to acquire Broadcom, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight. The deal, which is valued at $37 billion in cash and stock, will create a new company valued at $77 billion.
Language:
English
