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Qualcomm Reportedly Taps Intel With An Acquisition Offer (wccftech.com)

submitted 2 months ago by avieshek@lemmy.world to c/technology@lemmy.world

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[–] independantiste@sh.itjust.works 21 points 2 months ago (2 children)

There are so many reasons why this won't happen lmao

Qualcomm has about 70% of Intel's revenue, and their valuation is only twice as much as Intels. There is no way they could get a loan equivalent to half of their net worth to acquire intel, a company that is having some financial difficulties. Then there are regulators that will very likely block this acquisition. But this rumor made the Intel stock price go up and I made money, so keep the rumors coming!

[–] hamsterkill@lemmy.sdf.org 9 points 2 months ago

They don't mention what the offer is. Very easily could be a stock-based deal where Intel stockholders get a portion of the combined company. That's how T-Mobile bought Sprint.

[–] sunbeam60@lemmy.one 2 points 2 months ago

Who says loan? You could get a bunch of PE involved; they love a smashing together of entities to “create synergies” and “increase pricing power”.