DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!
   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
April 25, 2019 
Main Menu
News archives

Who's Online
There are currently 78 people online.


Latest Reviews
Ewin Racing Flash gaming chair
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset

Follow us

Trump admin blocks hostile takeover of Qualcomm over national security fears

Posted on Tuesday, March 13 2018 @ 08:37:22 CET by

QCOMM logo
On Monday, US President Trump signed an order that blocks Broadcom from completing its hostile takeover of Qualcomm. Citing national security fears, the executive order prohibits any merger or takeover attempt, or substantially equivalent action. Additionally, it also bans all 15 individuals listed as potential candidates by Broadcom from standing for election as directors of Qualcomm.

Broadcom is currently based in Singapore but is in the process of moving its HQ to the US. Whether that will be enough to reverse the order remains a question:
It’s not clear whether that’ll be allowed to happen. Trump’s order says that the two companies should “permanently abandon the proposed takeover,” indicating that Broadcom’s move won’t make a difference, unless it’s willing to take the order to court.
One of the main issues with the takeover was that it would put too much power over the wireless communication network in the hands of a single company.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2019 DM Media Group bvba