Broadcom Ltd.'s (AVGO) - Get Report audacious $130 billion bid, including debt, for Qualcomm Inc. (QCOM) - Get Report isn't just big -- if completed, it would be the biggest M&A deal in the technology sector ever.
The eye-popping offer, which values Qualcomm at $70 a share, would combine two of the biggest smartphone chipmakers in the world and make Broadcom the third-largest chip company in the world, behind only Intel Corp. (INTC) - Get Report and Samsung Electronics Co. (SSNLF) .
Broadcom's unsolicited offer comes as Qualcomm is trying to close its own blockbuster acquisition for chipmaker NXP Semiconductors (NXPI) - Get Report for $47 billion, a deal that was first announced in 2016.
This year's technology-focused mergers have already totaled $1.14 billion so far this year, according to Dealogic, putting the sector on track to eclipse 2016's record-setting tech M&A volume of $1.17 billion. Last year saw acquisitions in the internet-of-things and connected car spaces.
Here are some of the biggest tech deals in history, as compiled by TheStreet's sister site TheDeal. The deal values have not been adjusted for inflation.
More of What's Trending on TheStreet:
- Broadcom Offers $103 Billion for Qualcomm -- Questions Linger Though
- Intel's Partnership With AMD Is Incredible, but Where Does That Leave Nvidia?
- Inside Walmart's Secret Plan to Unleash Blockchain Technology In China
- Helios & Matheson Stock Surges, Announces Plan to Finalize MoviePass Deal
This deal does make sense.