In the midst of its takeover battle with Broadcom, Qualcomm Chairman Paul Jacobs was forced out after he told the Board that he wanted to buy the company himself.
Meanwhile, the transaction proposed by Broadcom would have had it purchase Qualcomm for $117 billion ($79 a share).
That deal was eventually quashed by President Donald J.
At the time, Broadcom was headquartered in Singapore even though it was in the middle of its just completed return to the U.S.
Now, according to a report from CNBC, Qualcomm might be back in play.
Jacobs would run the company after the rumored transaction closes.
Interestingly, one of the investors that reportedly would pony up money to take Qualcomm private is ARM.
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