Looks like the Semicon industry continues to consolidate. For those that were in Ruckus once and held through the Brocade acquisition we now have a $5.5bn bid from Broadcom.
http://finance.yahoo.com/news/broadcom-buying-brocade-commun…
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Looks like the Semicon industry continues to consolidate. For those that were in Ruckus once and held through the Brocade acquisition we now have a $5.5bn bid from Broadcom.
This one seemed strange to me but I don’t really know how Broadcom supplies to. But I would think they will be competing with some of their customers. Though I guess Samsung does in many areas as well.
But not really a sector I can be too excited about.