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154 billion NOK fell: – The most bizarre acquisition of the last decade – Technology – Stock Exchange and Finance Published: 21:52 – 12.07.2018 Last updated: 22:07 – 12.07.2018 On Wednesday, Broadcom signed a purchase agreement with CA Technologies for a price per share of $ 44.50, for a total value of transactions of $ 18.9 billion Broadcom lost $ 19 billion in value 5 minutes after its opening on Thursday. This corresponds to a 19% drop in prices. The price has never fallen so much in a short time since the company went public, writes Reuters. The AC share price, however, increased 18.5% at 14:30 the same day. Broadcom has already grown through strategic acquisitions of competing companies. The company has become a giant in the mobile phone data stuff. Reuters announces that Tan Hock Eng, the company's director, has been respected on Wall Street for his understanding of the business. companies Broadcom is a technology company dedicated to the design, development and production of semiconductor technology. Semiconductors, known as semiconductors, are essential for the hardware of mobile phones, computers and tablets. In 1999, Agilent Technologies was acquired from HP by two acquisition funds that together formed Avago Technologies. In 2008, the company went public. Then they grew up buying companies like Infeon Technologies, CyOptics, Amantys, LSI Corporation and PLX Technology. In 2015, Avago acquired Broadcom, and after the acquisition, the name of the company is Broadcom Ltd. CA Technologies is a software company that produces software with a variety of applications. Among them are software for enterprise management and cloud computing solutions. Little Strategic Despite the fact that Hock Eng has gained a good reputation, several analysts are dissatisfied. Broadcom specializes in the development of semiconductor technology for data chips and other hardware, while CA is the leader in software development. Analysts express skepticism that CA and Broadcom are companies operating in two very different industries, and so there is no synergy in merging them. – As CA and Broadcom's business areas are so different, this acquisition is likely to create a lot of confusion over the company's strategy in the future, Raymond James analysts said on Wednesday. Eric Schiffer, Director General of the Patriarch Organization, does not keep the bill by explaining his vision of the election. "This is the most bizarre and non-strategic acquisition that has been made in the last decade," he told Reuters. As usual, Broadcom CEO Tom Krause defends the acquisition that his motive is the same as for all previous acquisitions of the company. <img src = "https: //imbo.vgc .com / users / E24 / images / 7d8c5b4593f61a6cdcc71387134a7d66? T% 5B% 5D = culture% 3Awidth% 3D4775% 2Cheight% 3D3581% 2CX% 3D214% 2CY% 3D0 & t% 5B% 5D = MAXSIZE% 3Awidth% 3D270 & publickey = drpublish & accessToken = 7a353bc82b8db494b74e5e9bb7162ed470bf88b7c4c027707bf5dd9fdeef4f4b "alt =" Tan Hock Eng is giving a speech in the fall Donald Trump last year. "style =" width: 100%; "aria-describedby =" figcaption # 24392318 "/> Tan Hock Eng is giving a speech to Donald Trump last fall.

Business

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