After several days of rumours, it was confirmed yesterday that Singapore-incorporated electronics components manufacturer Avago Technologies has made an offer to acquire US semiconductor company Broadcom for $37 billion in what the Wall Street Journal is describing as "tech history's biggest deal". As well as continuing a trend of significant consolidation in the chipmaking industry, the proposed merger also underlines the increasingly active role that high-tech companies in the Asia-Pacific region are playing in the IP transactions marketplace, as the purchase of Broadcom looks set to give Avago one of the world's largest portfolios of active US patent assets.       

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