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Broadcom's Bid for Qualcomm: Where It Stacks Up Among Biggest Tech Deals Ever

  • Broadcom Ltd.'s (AVGO - Get Report) audacious $130 billion bid, including debt, for Qualcomm Inc. (QCOM - Get Report) isn't just big -- if completed, it would be the biggest M&A deal in the technology sector ever.

    The eye-popping offer, which values Qualcomm at $70 a share, would combine two of the biggest smartphone chipmakers in the world and make Broadcom the third-largest chip company in the world, behind only Intel Corp. (INTC - Get Report) and Samsung Electronics Co. (SSNLF) .

    Broadcom's unsolicited offer comes as Qualcomm is trying to close its own blockbuster acquisition for chipmaker NXP Semiconductors (NXPI - Get Report) for $47 billion, a deal that was first announced in 2016.

    This year's technology-focused mergers have already totaled $1.14 billion so far this year, according to Dealogic, putting the sector on track to eclipse 2016's record-setting tech M&A volume of $1.17 billion. Last year saw acquisitions in the internet-of-things and connected car spaces.

    Here are some of the biggest tech deals in history, as compiled by TheStreet's sister site TheDeal. The deal values have not been adjusted for inflation.

    Broadcom, NXP and Apple are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AVGO, NXPI or AAPL? Learn more now.

    More of What's Trending on TheStreet:

  • 5. Microsoft buys LinkedIn

    Microsoft Corp. acquired workplace networking site LinkedIn for $26.2 billion in June 2016. The deal marked Microsoft's largest purchase in its 42-year history, and was the first M&A transaction to be made under CEO Satya Nadella, who took over the company in 2014.

    Salesforce.com Inc. , which made a larger bid for LinkedIn that ultimately failed, tried to convince regulators to examine the Microsoft-LinkedIn tie-up more closely due to potential anti-trust concerns. The European Union agreed to look into the deal, but ultimately gave it the green light.

  • 4. Private equity giant KKR takes First Data Corp. private

    Private equity firm KKR & Co. took payments technology company First Data Corp. private for $29 billion in April 2007. It holds the title for the largest, tech-focused private-equity buyout in history. First Data , which is still backed by KKR, later went public in 2015.

  • 3. SoftBank buys ARM Holdings

    SoftBank Group Corp. acquired British semiconductor firm ARM Holdings for $31.4 billion in Sept. 2016. The deal was considered a valuable acquisition for the Japanese tech firm since ARM designs chips for many of the world's leading smartphone makers, including Apple Inc. and Samsung . ARM is also a big player in the growing IoT chip market.

  • 2. Avago buys Broadcom

    Avago Technologies purchased Broadcom for $37 billion in Feb. 2016, which still ranks as the largest semiconductor deal in history. As part of the deal, Avago adopted the Broadcom name.

    In addition to its latest bid for Qualcomm, Broadcom made headlines last week when President Donald Trump announced that Broadcom would be moving its headquarters to the U.S. from Singapore.

  • 1. Dell buys EMC

    Legacy tech firm Dell, which initially went private in 2013, rocked the tech world when it agreed to buy data storage giant EMC for $67 billion in Sept. 2016. The combined companies eventually merged to become Dell Technologies , which currently ranks as the world's top seller of cloud-related servers and storage systems, according to IDC.

    Cloud computing company VMWare is also fully-owned by Dell Technologies. VMWare has quickly risen to become a leader among hybrid cloud providers, recently teaming up with Amazon.com Inc. , Microsoft and IBM Corp. .


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