These "acquisition of BRCM" posts seem to surface every few months or so (Bill, this isn't directed at you since I think you were being sarcastic).
Does anyone here really believe BRCM has any desire to be acquired, and if so, why? And more importantly, how would this be beneficial to shareholders--no matter who the acquirer is?
Some companies basically exist in hopes of being acquired, but I don't believe BRCM falls into that category. Being subsumed into a larger corporate sturcture would not help their cause in any way that I can see.
Their execution has been as good as could ever be expected given the constant flux of the markets they cover. Their internal growth and growth through acquisitions has been managed at a good rate, and their new product introductions have come along at a good clip too.
I don't see any way that being acquired by CSCO, IBM, INTC, or whomever, would benefit the company.
The only remote stretch of the imagination where there might be some fractional benefit from an acquisition is if the acquirer had foundry capacity that allowed some significant reduction in the cost to produce all their semiconductors, AND BRCM forsees an extended period of difficulty in outsourcing in this area.
comments welcome.... |
