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Qualcomm reportedly gave up on purchasing Intel: why?

  • November 26, 2024
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Some accusations that hit the agenda like a bombshell in recent months: Qualcomm another chip giant, but has been going through a pretty bad patch lately Buy Intel

Qualcomm reportedly gave up on purchasing Intel: why?

Some accusations that hit the agenda like a bombshell in recent months: Qualcomm another chip giant, but has been going through a pretty bad patch lately Buy Intel He claimed he wanted to. It was said that this merger could be one of the biggest deals in the history of the technology industry.

Today there was new information on this subject. According to Bloomberg, sources close to the matter say that Qualcomm is interested in acquiring Intel. his interest has waned he declared.

The challenges of the deal made the merger less attractive to Qualcomm

Sources who declined to share their names say the main reason Qualcomm backed away from the acquisition was a potential deal. the difficulties this will entail states that this is so. But he adds that there is always the possibility that the company will show interest in certain parts of Intel and consider a buyback.

Given the difficulties posed by the deal, it’s no surprise that Qualcomm walked away. Fusion, Intel Assuming a debt burden of more than $50 billion and management of the loss-making semiconductor division. financial and operational problem He would bring it. At the same time, such a large-scale takeover raises antitrust concerns around the world. pressure and scrutiny from regulators would be exposed. This difficult process also intimidated Qualcomm.

Intel, trying to rebuild itself, was going through a bad patch as it was far behind in the artificial intelligence race, which is why its name started to be mentioned in acquisitions. He lost billions of dollars and fired thousands of employees. Time will tell whether the company will be able to recover from this bad period.

Source: Web Tekno

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