Intel has rebuffed an approach from Arm Holdings about buying the US chipmaker’s product division, it was reported on Friday.
According to Bloomberg, citing an unnamed person with direct knowledge of the matter, the Wall Street-listed UK firm has been told that the business is not for sale.
Neither Intel nor Arm have commented.
https://www.sharecast.com/news/news-and-announcements/intel-rejects-approach-from-arm-holdings---report--17565238.html
Man that had to sting when that offer came in. Wasn’t long ago we were looking to buy them! Ouch! Great business acumen on our side!!!! Haha
To the s talkers read a review of her and a other of lunar lake.
Everyone is biting the news :) stock is ripening up for the sellers :)
Intel's product division hasn't put out a decent product in a decade, why would ARM want to bet on it? ProdCo tool intel down, Arm wants to get fu---d by prodco?
Fu--ing hilarious. Who's next, Motorola??
ARM revenue: ~$3B
Intel Revenue: ~$55B
And the $3B company wants to take over $55B company....... Shows what a disaster Pat has been.
Uh ohhhh! Hodl!!! Be loyal! Everyone go down with the ship! Honorable death
The sharks are circling!
Cheeky ba----ds lol :)