The massive fight over the fate of Qualcomm, which chipmaker Broadcom seeks to acquire in the largest deal in technology effort, took another dramatic turn this afternoon when the Trump administration said it would block the deal.
The move is another chapter in a long story, a culmination of a lot of consolidation activity in the semiconductor space and months over jockeying over whether or not Broadcom would be able to complete a hostile bid for the U.S. chipmaker. Following an investigation by the CFIUS, BroadQual is officially on hold.
Let’s review the past few years and see how we got here.