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Monday, July 19, 2021

I'm willing to bet that the FTC would approve the acquisition as there seems to be more riding on it than that which iis readily apparent. Geo-Politics Big-Time. The other "coincidence" is that $30 Billion was the $$$ Mudabala was seeking to raise in their planned IPO. Intel is trying to cut them off at the pass. Perhaps the new Gluten Free Globalfoundries is seeking to get Intel to raise their offer.


It sure seems like somebody was right when they said eMagin could be a small but important piece of the Jigsaw Puzzle. #DoD AR VR

“The combination of Intel’s immense resources and extensive expertise in this space, in conjunction with GlobalFoundries existing business and established global presence, could be a significant boon for both entities and disrupt the semiconductor foundry market,” said Marco Chiappetta, principal analyst, HotTech Vision And Analysis.

https://www.fierceelectronics.com/electronics/globalfoundries-set-to-announce-ny-fab-expansion-as-intel-buyout-reports-swirl


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