Broadcom will fire a third of Qualcomm staff
 

Comment: This is not a merger it is an asset strip

It is starting to look like Broadcom's take over of Qualcomm will be less of a merger and more of an asset strip.

While most people associate Broadcom with Wi-Fi and Bluetooth chipsets and a few processors, But Broadcom is a company called Avago which is a spin-off of Hewlett-Packard. In recent years it has been buying and asset stripping companies. This has resulted in excellent financial performance, but the outfit is a tech equivalent fo a car wrecker.

http://fudzilla.com/news/45223-broad...qualcomm-staff