Upon the acquisition, the combined company will have the most diversified communications platform in the semiconductor industry, with combined annual revenue of approximately $US 15 billion. In November 2017, Broadcom offered to buy Qualcomm for $130 billion, which was rejected by Qualcomm`s board of directors.  President Trump blocked the revised $117 billion merger with an executive order that highlighted national security concerns.  Avago and Broadcom first talked about a possible merger in October 2014, but could not agree on a price, said familiar people who are not authorized to speak publicly. In May 2014, the company sold its SSD controller business to Seagate Technology.  In August 2014, the company was the 9th largest semiconductor company.  Avago Technologies has agreed to sell LSI`s Axxia Networking business to Intel for $650 million.   The company also agreed to purchase PLX Technology, an integrated circuit developer, for $309 million.  In February 2015, it was announced that Avago Technologies Limited had entered into an agreement to acquire Emulex Corporation for $8 per share in cash. A recording of the call is available for one week at (888) 286-8010 (USA) or +1 (617) 801-6888 (International) and the passport code is 12012367. A webcast of the conference call will also be available in the “investors” section of Avago`s website under www.avagotech.com. The transaction was unanimously approved by the boards of directors of both companies as well as a special committee of Broadcom`s independent directors. Dr. Samueli and Dr. .