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China Plays Hardball with Western Companies | Gestalt IT Rundown: April 12, 2023
China is reportedly blocking multiple mergers and is now investigating Micron for an unspecified cybersecurity concern. Delays include Intel’s acquisition of Tower Semiconductor, Maxlinear’s purchase of Silicon Motion, Broadcom’s acquisition of VMware, and Microsoft’s bid for Activision Blizzard, as well as the long-delay in Cisco’s acquisition of Acacia and the called-off purchase of NXP by Qualcomm which we reported on previously. The latest move against Micron seems designed to antagonize rather than investigate any real cybersecurity flaws at the memory provider. What’s going on here?…
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