Network components manufacturer Emulex Corp. today said its board of directors will review a new takeover bid by Broadcom Corp., which raised its offer from $9.25 per share to $11. That would make the deal worth about $925 million.
Broadcom wants Emulex shareholders to voice their views on Broadcom's US$764 million unsolicited offer to buy Emulex after failing repeatedly to negotiate a deal between the two companies' boards.
Emulex has taken its efforts to avoid a hostile takeover by Broadcom to court, suing the company for unfair business practices and citing the drug-trafficking and securities-fraud indictment of Broadcom's former top executive as proof to its shareholders that Broadcom officials can't be trusted.
Broadcom this week announced new chips designed to create a low-cost 802.11n wireless LAN edge for the enterprise, without the need for separate WLAN controllers.
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
Surviving Windows is easier than you think… MKS offers the power of an integrated all-in-one environment and provides you with the Power of UNIX on Windows Learn More
Brought to you by:
Free books
We have 5 copies of these two new books to give to some lucky readers. The deadline for entries is November 30, 2009.
AISO founders envisioned a Web hosting company that was environmentally friendly. While the company employed energy-efficient innovations like solar panels, its infrastructure produced unacceptable power and cooling requirements. Find out how AISO leveraged AMD technology to overcome their challenge in this case study white paper.
In this whitepaper, Scalar explores the opportunity to change the landscape with respect to mission critical databases
built around Oracle. Leveraging technologies such as Linux, high-end commodity processing power and Oracle RAC
technology to architect, design, build and maintain database infrastructure that delivers maximum availability, reliability
and performance at a fraction of traditional cost.
On a typical day, weather.com, the Web site for The Weather Channel in Atlanta, serves up between 15 million and 20 million page views. But in September 2004, when back-to-back hurricanes ransacked Florida, the peak traffic on one day more than tripled: over 70 million page views by more than 7 million unique visitors. Read the full success story now.
jfruh
pasmith
Esther Schindler
mikelgan
David Strom
sjvn
Sandra Henry-Stocker
Quick, practical advice for IT pros. Made fresh daily.
Broadcom makes bid to buy Emulex for $764 million
Qualcomm, Broadcom may be near settlement
Qualcomm to pay Broadcom US$891 million in patent settlement
Qualcomm settlement good for Broadcom, customers
Emulex rejects Broadcom’s hostile takeover bid
Emulex fends off Broadcom once more
Chips target unified edge switch for wireless, wired clients
Emulex sues Broadcom to block takeover
Broadcom co-founder drugged drinks, indictment says
Broadcom presses Emulex shareholders to meet about deal