Previously, there was news that many people found hard to believe, that Qualcomm was interested in acquiring Intel’s business. It has been two months and there has been no progress, and the latest news suggests that this might not happen after all.
Reports indicate that Qualcomm has become “less interested” in purchasing Intel’s business, citing the complexity and various details involved. While a full acquisition may not be on the table, there is a possibility that Qualcomm could acquire some parts of Intel’s business instead.
At that time, Intel denied receiving any offer from Qualcomm, while Qualcomm refused to comment on the news. In the latest report, both companies have yet to provide any comments on the matter.
Source: Bloomberg
TLDR: Qualcomm’s interest in acquiring Intel’s business seems to have waned, with reports suggesting a lessening of interest due to complexity. Both companies have not provided any official statements regarding these rumors.
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