Yay we're buying another company to run it into the ground!
https://finance.yahoo.com/news/ces-2024-intel-acquire-soc-171212281.html
8 replies (most recent on top)
Is it Israeli-backed?
It smells like the Altera acquisition. Buying to create a customer for foundry
M&A trying to justify not being surgically removed
Line the pockets of ELT and their id--t followers.. oh so no one gave you a pretty penny?
The company they are acquiring makes parts for EV energy management. So with everything else going on they really think that it is a good time to get into a new business? Talk about fools that have no idea of their own capabilities.
@1lad+1t5o0s5a, apparently sarcasm goes right over your head.
@jat+1t5o0s5a. Intel mostly likely will run any company it buys to the ground. Can you show one case that buying a competitor actually worked ?
Since this is a recipe that seems to work, why don't we try to buy the competitors we can afford since we cannot eliminate them by competing? :) :) :)