Broadcom baits hook with promise of $1.5bn investment fund to catch Qualcomm

Broadcom baits hook with promise of $1.5bn investment fund to catch Qualcomm

6 years ago
Anonymous $gIi3-PxxKB

https://www.theregister.co.uk/2018/03/07/broadcom_waves_investment_fund_for_qualcomm/

Broadcom says it will earmark $1.5bn for funding of 5G wireless broadband networks as part of its proposed acquisition of Qualcomm.

The chip designer said Wednesday that, should its $117bn buyout plan for Qualcomm go through, it will set up a $1.5bn fund to "focus on innovation to train and educate the next generation of engineers in the US."

Broadcom baits hook with promise of $1.5bn investment fund to catch Qualcomm

Mar 7, 2018, 8:14pm UTC
https://www.theregister.co.uk/2018/03/07/broadcom_waves_investment_fund_for_qualcomm/ >Broadcom says it will earmark $1.5bn for funding of 5G wireless broadband networks as part of its proposed acquisition of Qualcomm. >The chip designer said Wednesday that, should its $117bn buyout plan for Qualcomm go through, it will set up a $1.5bn fund to "focus on innovation to train and educate the next generation of engineers in the US."