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