The acquisition would help the chipmaker beef up its enterprise software, the WSJ said.
Broadcom has a market value of nearly $200 billion after its shares have risen around 50% over the past year.
The publication said Broadcom’s been seeking more deals since 2018 when former President Trump blocked its quest to buy rival Qualcomm Inc., citing security risks. Broadcom has since moved its headquarters from Singapore to San Jose.
Samueli, who co-founded Broadcom in 1991, is also the owner of the Anaheim Ducks and is developing real estate around its hockey arena in that city.
-Advertisement-
Broadcom May Buy SAS: WSJ
Want more from the best local business newspaper in the country?
Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!
Would you like to subscribe to Orange County Business Journal?
One-Year for Only $99
- Unlimited access to OCBJ.com
- Daily OCBJ Updates delivered via email each weekday morning
- Journal issues in both print and digital format
- The annual Book of Lists: industry of Orange County's leading companies
- Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!
-Advertisement-