U.S. President Donald Trump likely saved Microsoft's mobile future and the tech industry's cellular innovation by blocking chipmaker Broadcom's hostile takeover of mobile innovator Qualcomm.
U.S. President Trump cited national security as the reason for blocking the Broadcom-Qualcomm merger. Before addressing the implications of this unprecedented executive order, let's recap.
Last year Broadcom made an unsolicited bid to purchase Qualcomm for $130B. Qualcomm rejected that and a subsequent offer. Broadcom responded by moving to replace Qualcomm's board with individuals sympathetic to its agenda.
Trump's intervention stopped a potentially disastrous move against Microsoft's and Qualcomm's Always Connected PC strategy, its rumored Andromeda device category and any Qualcomm-led future cellular innovation.
Why Microsoft should oppose a Broadcom-Qualcomm merger
Full story from the WindowsCentral blog...