1Q16

A combination of device releases, price reductions, and company rationalisations marked the first quarter of 2016 (1Q16) in the worldwide wearables market.

Broadcom-Avago merger likely to conclude by end of 1Q16 Broadcom (BRCM) and Avago (AVGO) have announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (or HSR) of 1976 expired with regards to the previously announced merger transaction worth $37 billion.