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Avago's US$37b buy points to bigger deals

More consolidation in the chip industry is likely, especially since interest rates are low
Saturday, May 30, 2015 - 05:50
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Avago Technologies' purchase of Broadcom Corp represents the biggest technology deal of all time.

New York

AVAGO Technologies' purchase of Broadcom Corp represents the biggest technology deal of all time. It may not stay at the top for long. The US$37 billion transaction announced on Thursday eclipses the previous record-holder - the buyout of First Data Corp in 2007 for almost US$30