Intel, Facing Threat, Considers Deals That Could Include Bid for Broadcom

Intel Corp. is considering a range of acquisition alternatives in reaction to Broadcom Ltd.’s hostile pursuit for Qualcomm Inc. that could include a bid for Broadcom, according to people familiar with the matter.

Intel is watching the takeover battle closely and is eager for Broadcom to fail as the combined company would pose a serious competitive threat, the people said. If it looks like Broadcom is likely to prevail, Intel could step in with its offer for Broadcom, the people said.