Microsoft concerned over Broadcom’s takeover bid for Qualcomm
Microsoft and Google are reportedly anxious more than Qualcomm chipmaker deal as Broadcom is getting aggressive in its endeavor to receive the chipmaker. However, the two large tech giants aren’t very excited or happy about the Broadcom’s takeover bid for Qualcomm.
Broadcom not too long ago announced that it wants to buy Qualcomm for around $one zero five billion, at a value of $70 per share. Qualcomm, nonetheless, rejected the give but it’s probably that the takeover bid could be accepted before long.
“It is the board’s unanimous belief that Broadcom’s proposal noticeably undervalues Qualcomm relative to the Company’s management situation in cellular technology and our foreseeable future advancement prospective buyers,” government chairman Paul Jacobs announced that Qualcomm has rejected Broadcom.
The two providers Microsoft and Google have expressed their concerns more than the probable Broadcom and Qualcomm’s arrangement, as the arrangement could help Apple to quickly acquire their possess goods as Broadcom is also planning to switch Qualcomm’s board with its possess executives, this will not only close the Apple and Qualcomm’s conflict but also favour the acquisition.
Microsoft and Google are afraid as if Broadcom acquires Qualcomm, it could favour its relationship with Apple. Microsoft has been using Qualcomm’s chipsets for a while now, even the most recent Home windows ten PCs are powered by Snapdragon processors. Neither Microsoft nor Google commented on these rumors at the time of writing this story.
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