This Sector is Seeing Billions of Dollars in M&A Activity

Western Digital unveiled a $19 billion cash and stock takeover of SanDisk… Semiconductor maker Lam Research is acquiring KLA-Tencor for $10.6 billion. Avago Technologies agreed to pay $37 billion for Broadcom. Intel scooped up chipmaker Altera for $17 billion.  And back in March, NXP Semiconductor offered to buy Freescale Semiconductor for $11.8 billion.