Broadcom to complete redomiciliation to the U.S. by April 3

Broadcom, which made a $117 billion to buy rival semiconductor company Qualcomm, said it is expecting to complete redomiciliation to the U.S. by April 3, 2018.

Broadcom said it never plans to acquire Qualcomm before it completes redomiciliation. Broadcom recognizes the essential role the member agencies of CFIUS play in ensuring U.S. national security.

In addition, as a company incorporated in the U.S., Broadcom looks forward to working with the U.S. government as a trusted supplier, and continuing Qualcomm’s existing engagements.