Remember when AOL bought Time Warner?
Harvey Birdman 'members.
Loved that show
Well that just solved the question of “what should I watch tonight?”
Good, megacorps is last thing this world need.
We already have them
so far
So basically, “there’s no way Qualcomm is buying Intel” because:
While
unnamed sources told the Wall Street Journal for a report published Friday. CNBC also said it heard the same thing: That Qualcomm contacted Intel about a potential takeover in recent days.
They argue this can’t be true because
details regarding the alleged acquisition plans, which are apparently far from certain, are razor thin to say the least. This could be nothing more than Qualcomm wanting to talk to Intel about possibilities.
The Register asked Intel and Qualcomm for a response. Intel declined. Qualcomm is saying nothing. So instead, we’ll emphasize that the logistics of such a bombshell acquisition would be far from trivial if not nigh-on impossible.
And
As of writing, Qualcomm’s market cap is $188 billion, just more than double that of Intel’s at $93 billion.
And even if Intel’s board agreed whatever offer may emerge, getting regulatory approval – persuading the US, UK, EU, and others… – may not be its only hurdle.
Not to mention
Chipzilla may not be worth much to Qualcomm unless it can renegotiate the x86/x86-64 cross-licensing patent agreement between Intel and AMD, which dates back to 2009. That agreement is terminated if a change in control happens at either Intel or AMD. There are also prior pacts between AMD and Intel.
Even though
a number of the aforementioned patents expired in 2021, it’s our understanding that agreement is still in force and Qualcomm would be subject to change of control rules.
Qualcomm wouldn’t be able to produce Intel-designed x86-64 chips unless AMD gave the green light.
