Intel Corp (INTC)

[SemiconEng]

Speculation On Broadcom Takover By INTC

http://finance.yahoo.com/mp#intc
10:04AM BRCM follow-up : Source of acquisition rumor appears to be comment by Piper Jaffray analyst Ashok Kumar. The analyst comments that a hypothetical acquisition of Broadcom (BRCM +5.7%) by Intel (INTC) would represent minimal organizational integration risk With ServerWorks likely to get squeezed out in 2004, Kumar believes BRCM faces a rough road ahead as a stand-alone co. With a mkt-cap of $6.3 bln, BRCM could be acquired for less than what Intel has spent on its previous communications acquisitions. Piper Jaffray notes that this is a hypothetical analysis and that it has no insight into Intel's acquisition plans.

I find it hard to believe that there would be a marriage of these two, considering their recent court cases, but who knows???

Semi