White House Blocks Broadcom’s Proposed Takeover of Qualcomm

5

https://www.bloomberg.com/news/articles/2018-03-12/trump-issues-order-to-block-broadcom-s-takeover-of-qualcomm-jeoszwnt

Didn’t expect this to be the end of it but there we go.

RIPinpeace.

Now for the real question, if Intel attempts the same thing (as rumoured), would it get blocked?

Comments (5)

5 responses to “White House Blocks Broadcom’s Proposed Takeover of Qualcomm”

  1. skane2600

    Good news for Qualcomm employees.

  2. arunphilip

    Here's a nice opinion piece that explains why Broadcom taking over Qualcomm would have been bad for innovation: futurumresearch.com/analysis-broadcoms-offer-buy-qualcomm-terrible-idea/ 


    Firstly, Broadcom is not the Broadcom of old, it was itself taken over by Avago which then renamed itself to Broadcom. This iteration of Broadcom focuses on short-term profit over long-term R&D investment. 


    So, irrespective of the reasons behind the WH decision, from a technologist's standpoint, its probably a good thing the takeover didn't go ahead. 


    I've always had a slightly negative view towards Qualcomm due to the ways it has flexed its licensing muscle, but this article has made me appreciate the company for its R&D commitment. 

  3. Paul Thurrott

    I just wrote about this here:


    https://www.thurrott.com/mobile/154062/u-s-blocks-broadcom-takeover-qualcomm


    This is classic xenophobia, nothing more. The good news: Broadcom would have ruined Qualcomm, so this is good for all of us.

    • stevenlack

      In reply to paul-thurrott:

      Completely agree. Broadcom was trying so hard to acquire Qualcomm from adding merger-friendly executives to relocating to the US and upping their bid. Qualcomm went behind their back and raised their bid for NXP and talked with the US on their concerns. Glad this was the outcome.


      We need more innovative companies like Qualcomm. Not a fan of Broadcom and their lack of investment in R&D.