Broadcom

The chipmaker completed its $5.5 billion acquisition of network gear maker in November

The companies have refiled a notice of acquisition

The company said the repurchase program is effective immediately

The company said it exchanged all shares of Broadcom limited to the newly issued stock of Broadcom incorporate

The company has been under pressure to defend its decision to take Broadcom’s bid for review

Ending what would have been the technology industry’s biggest deal ever

Citing a number of concerns around the development of the next generation of mobile networks and technology

Wrapping up the move from Singapore and redomiciling in the United States relatively quickly could remove a roadblock

Move came amid a closely watched hostile bid for Qualcomm which could reshape sector of manufacture smartphones chips

The new deal puts pressure on Broadcom to decide if it will stick with a stipulation in its bid for NXP

Qualcomm has been seeking to walk a fine line between resisting Broadcom’s acquisition approach

The outcome of the meeting will also determine whether Qualcomm, which has resisted Broadcom’s takeover approach

Qualcomm’s response attempts to strike a balance between continued resistance of Broadcom’s takeover attempt

The move comes ahead of a Qualcomm shareholder meeting scheduled for March 6

It would likely review any merger for anticompetitive practices

He added that its strong position in security technology in Germany could present regulatory difficulties for a suitor

The list included a former president of the mobile networks business group of Nokia

It is considering an acquisition plan which it could put into motion as soon as this weekend