Broadcom really wants to buy Qualcomm and merge the two chip giants into one company that would be a major force in the communications market. Broadcom had put forward an offer that valued Qualcomm at $120 billion yesterday and many thought that the company’s board would find the offer hard to refuse. However, the Qualcomm board was unanimous

Source: Hot Hardware – Qualcomm Rejects Broadcom’s Unsolicited 0 Billion Offer, Holds Out For More Cash