Qualcomm’s Takeover Interest in Intel Is Said to Cool [Bloomberg]
Qualcomm’s Takeover Interest in Intel Is Said to Cool [Bloomberg]
But the transaction faced numerous financial, regulatory and operational hurdles, including the assumption of Intel’s more than $50 billion in debt. It likely would have drawn a lengthy and arduous antitrust review, including in China, which is a key market for both companies.
Qualcomm would have had to handle Intel’s money-losing semiconductor manufacturing unit, a business where it has no experience.
Sounds like Qualcomm got a little bit ahead of itself during their initial inquiries about acquiring Intel.
When this first got announced, I remember reading a comment on here saying something along the lines of, Qualcomm has zero interest in purchasing Intel but they do want to look at where they can hurt them the most so they really go under.