White House Blocks Broadcom’s Proposed Takeover of Qualcomm

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?

Conversation 5 comments

  • skane2600

    12 March, 2018 - 10:51 pm

    <p>Good news for Qualcomm employees.</p>

  • arunphilip

    13 March, 2018 - 4:27 am

    <p>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/&nbsp;</p><p><br></p><p>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&amp;D investment.&nbsp;</p><p><br></p><p>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.&nbsp;</p><p><br></p><p>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&amp;D commitment.&nbsp;</p>

    • skane2600

      13 March, 2018 - 11:40 am

      <blockquote><a href="#252611"><em>In reply to arunphilip:</em></a></blockquote><p>I mostly agree with you but with regard to licensing all of the companies try to maximize their advantage, not just Qualcomm. They all live in "glass houses".</p>

  • Paul Thurrott

    Premium Member
    13 March, 2018 - 9:19 am

    <p>I just wrote about this here:</p><p><br></p><p>https://www.thurrott.com/mobile/154062/u-s-blocks-broadcom-takeover-qualcomm</p><p><br></p><p>This is classic xenophobia, nothing more. The good news: Broadcom would have ruined Qualcomm, so this is good for all of us.</p>

    • stevenlack

      13 March, 2018 - 12:19 pm

      <blockquote><a href="#252626"><em>In reply to paul-thurrott:</em></a></blockquote><p>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.</p><p><br></p><p>We need more innovative companies like Qualcomm. Not a fan of Broadcom and their lack of investment in R&amp;D.</p>

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