Broadcom Corp

Qualcomm Inc. posted a fiscal second-quarter loss Monday on a hefty payment to rival chip maker Broadcom Corp. to end legal disputes that spanned several continents.

The settlement with Broadcom, announced late Sunday, calls for Qualcomm to pay $891 million over four years. Broadcom is a relative newcomer to the business of making chips for cell phones but proved to be a fierce legal adversary.

Chip designer Broadcom Corp. is launching a $764 million hostile takeover offer for network gear maker Emulex Corp. Broadcom said Tuesday the deal would help it develop new technologies for corporate data centers.

The acquisition would amount to $9.25 per share, a 40 percent premium over Emulex's closing share price Monday.

A spokeswoman for Costa Mesa, Calif.-based Emulex did not immediately return a call requesting comment on the offer.

Adobe's Flash technology, omnipresent in virtually every computer and rapidly moving throughout mobile devices, is now rolling into digital home devices, including televisions and set-top boxes.