Comment on Qualcomm wants to buy Intel
avidamoeba@lemmy.ca 3 months agoQualcomm is also American.
Whether Intel sells or not is decided by its major shareholders, pending regulatory approval, not Intel’s execs or employees. Those shareholders would likely receive shares of Qualcomm which would now include Intel’s expected future profits, or cash that they can use to buy Qualcomm shares to capture those profits.
franklin@lemmy.world 3 months ago
Good points. I guess what I should have more accurately said is that Intel has a long standing working relationship with the American government.
Given that Intel is an asset to national security. I think any sort of buyout would be under intense scrutiny from the US government.
I did miss that Qualcomm was also American though, but I still think about it would be treacherous regardless.
avidamoeba@lemmy.ca 3 months ago
The Qualcomm would become a national security asset. 😂 In fact that alone sounds like a great reason for acquisition. It’s not every day that you get a obvious way to become too big/important to fail.
franklin@lemmy.world 3 months ago
Things don’t just become a national security asset that easily, though, a long-standing relationship with trust is something incredibly important.