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Keyword: avago

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  • Avago’s Aggressive Dealmaking from Its Singapore HQ (what makes them successful?.....Read)

    05/27/2015 3:59:49 PM PDT · by Red in Blue PA · 1 replies
    Investors seem to have an insatiable appetite for Avago Technologies Ltd.AVGO +7.76%’s aggressive deal making. Shares of the Singapore-based chip maker shot up more than 6% in afternoon trading Wednesday after the WSJ reported that Avago in advanced talks to acquire rival Broadcom Corp.BRCM +21.81% Before the WSJ’s report, Broadcom was valued at roughly $28 billion. Should Avago close the deal, it would be its biggest ever in a long string of acquisitions. The company has grown its market cap and share price over the past six years through aggressive deal making, and at each step of the way, investors...