Qualcomm Has Explored Buying Pieces of Intel Chip Design Business
Qualcomm has explored the possibility of acquiring portions of Intel's design business to boost the company's product portfolio, Reuters reported Thursday, citing sources familiar with the matter. From the report: The mobile chipmaker has examined acquiring different pieces of Intel, which is struggling to generate cash and looking to shed business units and sell off other assets, the people said. Intel's client PC design business is of significant interest to Qualcomm executives, one of the sources said, but they are looking at all of the company's design units. Other pieces of Intel such as the server segment would make less sense for Qualcomm to acquire, another source with knowledge of Qualcomm's operations said.
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