- July 13, 2021
- Posted by: Stratford Team
- Category: Business
Asaf Naim, the CEO of Kirobo, a cryptocurrency solutions developer, explains how the ‘undo button’ works.
Broadcom Inc. is in talks to buy SAS Institute Inc., according to people familiar with the matter, in the latest move by the acquisitive technology giant to beef up in enterprise software.
A deal, which would value closely held SAS in the range of $15 billion to $20 billion, could be finalized in the coming weeks assuming the talks don’t fall apart, the people said. That number is so-called enterprise value, some of the people said, which typically includes assumed debt and is adjusted for cash on the target’s balance sheet.
BIDEN SIGNS SWEEPING EXECUTIVE ORDER TAKING AIM AT BIG TECH, ANTI-COMPETITIVE PRACTICES
Broadcom has a market value of nearly $200 billion after its shares have risen around 50% over the past year.
Broadcom, a semiconductor powerhouse built largely through acquisitions, has been on the hunt for more deals since former…
