In Broadcom’s increasingly contentious bid to acquire chip-making rival, 5G networking has emerged to become has drawn the attention of regulators and lawmakers overtaking other issues such as the billions that Broadcom is willing to spend on the deal and oversized influence the combined companies would have in the global technology industry.
Broadcom’s buyout bid was of such high concern to lawmakers that they asked federal regulators to review the proposed $117 billion deal—and unusual move considering the two companies haven’t come to terms on a buyout deal.
