Qualcomm approached Intel about acquisition, report claims2024-09-24 05:11 by DanielaTags: Qualcomm, Intel
Qualcomm has informally approached Intel about a takeover, in what would be the largest tech merger of all time, according to multiple reports. A potential deal to buy Intel could accelerate Qualcomm's diversification but will burden the smartphone chipmaker with a loss-making semiconductor manufacturing unit that it may struggle to turn around or sell, analysts said. A buyout will also face tough antitrust scrutiny globally as it would unite two crucial chip firms in what would be the sector's biggest ever deal, creating a behemoth with a strong share of the smartphone, personal computer and server markets. Though the report cautions that such a deal is "far from certain," it would be a major upheaval in the US chip industry. It would also, as The WSJ notes, likely raise antitrust questions. But Qualcomm’s reported interest in a takeover underscores just how much Intel’s business has struggled over the last year. Read more -here-
Post your review/comments
rate:
avg:
|