Broadcom has upped its bid for Qualcomm to $82 per share

The biggest tech deal ever just got a whole lot bigger – if it goes ahead that is.

Broadcom has upped its bid for Qualcomm to $82 per share in a deal that would be worth a blockbuster $146bn.

It had originally made an unsolicited bid of $70 per share for the iPhone chipmaker, an offer rejected by the board.

Read more: Qualcomm rejects Broadcom’s blockbuster $130bn takeover bid

Broadcomm said this offer is its “best and final” one and is a 50 per cent premium on Qualcomm’s share price before news of the original deal broke.

The latest offer comes in the form of $60 in cash and the rest in Broadcom shares.

The Singapore domiciled Silicon Valley firm said the takeover was “vastly superior to Qualcomm’s standalone prospects”.