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Intel has received a takeover bid from Qualcomm as the storied chip giant struggles. Getty Images One of Silicon Valley's most storied companies has become an acquisition target.
Shares of Intel rose nearly 3% on Monday, after media reports late on Friday about Qualcomm's early-stage approach for the struggling chipmaker. Qualcomm's shares were down 1.8%.
(Reuters) -Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News reported on Monday, citing people familiar with the matter.
By Max A. Cherney. SAN FRANCISCO (Reuters) -Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker, a source familiar with the situation said on ...
Intel's (NASDAQ: INTC) stock recently rallied after a few news reports suggested that peer Qualcomm (NASDAQ: QCOM) was interested in buying the struggling chip giant. Such a merger would be the ...
Qualcomm Incorporated (/ ˈ k w ɒ l k ɒ m /) [2] is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. [3] It creates semiconductors, software and services related to wireless technology.
(Reuters) - Qualcomm has approached the once-dominant chipmaker Intel for a potential buyout, turning the spotlight on the portfolio of products these chip companies have to offer.
Intel Corporation, an American multinational corporation and technology company headquartered in Santa Clara, California, is the world's largest semiconductor chip manufacturer by revenue. [ 1 ] [ 2 ] Since its inception, the company has acquired dozens of companies across the global technology industry, with seven multi-billion-dollar ...