What is Broadcom, and why is it trying to buy Qualcomm?

In the midst of its fights in court with Apple and the United States Federal Trade Commission, chipmaker Qualcomm today was offered a spontaneous offered by Broadcom for a $130 billion procurement. Qualcomm’s image is frequently connected with the Snapdragon chips that power contraptions like the Samsung Galaxy S8, LG V30, and Google’s Daydream VR. Buyers are less acquainted with the name Broadcom. So what is it, and why is it endeavoring to gain the vexed chipmaker?

Like Qualcomm, Broadcom is a semiconductor organization that fabricates chips and PC segments that help cell phones, portable PCs, server farms, set-top boxes, amusement consoles, and that’s only the tip of the iceberg. The organization likewise makes LEDs, shows, and system/Bluetooth connectors. Broadcom is viewed as an adversary to Qualcomm; as indicated by Fortune, Qualcomm reports a $22 billion yearly deals income contrasted with Broadcom’s $18 billion. In 2016, it was positioned the fifth biggest semiconductor merchant on the planet by income, drove by Intel, Samsung Electronics, and Qualcomm as the main three. Broadcom first moved into the best 10 list in 2010; at the time, Qualcomm was positioned ninth.