Monday, March 12th 2018

Intel Considers Buying Out Broadcom

In a sequence of events perfectly illustrated by the stock image below, Intel is reportedly mulling the acquisition of Broadcom, which is still making efforts to acquire Qualcomm; the Wall Street Journal reported late last week. Shares of Intel fell 1 percent on this report. A successful acquisition of Qualcomm by Broadcom would result in a seemingly-American silicon supergiant that could pose a threat to Intel's position in the industry, observes CNBC. Both Intel and Broadcom spokespersons refuse to comment the WSJ report, terming it as "deal chatter."

Broadcom recently swayed Qualcomm board its way ahead of a crucial vote for the acquisition, prompting a CFIUS investigation, by American regulators, which has the legal power to halt the acquisition if national security implications emerge. Taking advantage of this, and its relatively stable outlook despite the recent CPU vulnerability mess, Intel is looking to mop up a seemingly foreign Broadcom. Other industry giants such as Microsoft and Google have expressed extreme concern with the developments in this deal, particularly with Apple's "sway" over it.
Sources: CNBC, Fizzyjinks on DeviantArt (image credit)
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12 Comments on Intel Considers Buying Out Broadcom

#1
RejZoR
I hope this doesn't happen. Broadcom and Qualcomm need to stay separate to keep a competing market going (just like I don't like the idea of Broadcom shilling for Qualcomm). Big companies eating others and making less and less competition is always bad in the end for consumers.
Posted on Reply
#2
Chaitanya
RejZoRI hope this doesn't happen. Broadcom and Qualcomm need to stay separate to keep a competing market going (just like I don't like the idea of Broadcom shilling for Qualcomm). Big companies eating others and making less and less competition is always bad in the end for consumers.
I suspect they might consider doing this takeover to protect them against the lawsuit filed by Qualcomm against Apple for stealing.
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#4
Vya Domus
And there you have the reason why Broadcom wanted Qualcomm.
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#5
LemmingOverlord
I wonder if Steve Mollenkopf rang up Brian Krzanich and went:

"Bruh, these dweebs at Broadcom are coming at me, and my investors are now undecided on selling. So can you do your bruh a favor and put it out there that you're looking into Broadcom?"

"Bruh, sure. Will do." *hangs up*
Posted on Reply
#7
bug
RejZoRI hope this doesn't happen. Broadcom and Qualcomm need to stay separate to keep a competing market going (just like I don't like the idea of Broadcom shilling for Qualcomm). Big companies eating others and making less and less competition is always bad in the end for consumers.
It's not always bad. If you're going from 60 to 50 companies, or from 30 to only 20 that doesn't matter much. But when there are less than a dozen competitors in a given market, I think mergers should be prohibited by default.
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#8
RejZoR
The mobile chipset makers competition is very small. You have Mediatek, Samsung and Qualcomm basically. The rest make chips just for themselves, like Huawei's Kirin or Apple's whatevertheycallit.
It's similar with connectivity. Broadcom, Qualcomm/Atheros, Realtek, Marvell and Intel. The rest are smaller players. The selection of makers is not all that saturated.
Posted on Reply
#9
bug
RejZoRThe mobile chipset makers competition is very small. You have Mediatek, Samsung and Qualcomm basically. The rest make chips just for themselves, like Huawei's Kirin or Apple's whatevertheycallit.
It's similar with connectivity. Broadcom, Qualcomm/Atheros, Realtek, Marvell and Intel. The rest are smaller players. The selection of makers is not all that saturated.
Which is why I don't understand why this merger isn't blocked already.
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#10
OneCool
Not if I buy them first!! Ha Ha bitches!!!!!
Posted on Reply
#11
lexluthermiester
Other industry giants such as Microsoft and Google have expressed extreme concern with the developments in this deal, particularly with Apple's "sway" over it.
This made me laugh! Apple's "sway"? Right.. Microsoft, worry about something else..
Posted on Reply
#12
remixedcat
oh god no. broadcom doesn't need intel's recent security cooties on em
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