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It's an all stock deal. No cash. With undoubtedly a very healthy earn out. > They must see value in the technology. What value? Mojo doesn't currently support
by mathisfun123 4mo ago
It's an all stock deal. No cash. With undoubtedly a very healthy earn out.
> They must see value in the technology.
What value? Mojo doesn't currently support any of Qualcomm's GPUs.
- disgruntledphd2 4mo agoExactly. If they can buy this talent to make their GPUs more valuable, then this deal makes sense. I'm actually a little happier about this deal than expected as it means the language may actually become open source.
- fvrghl 4mo agoI have a friend who works at Modular. FWIU, the employees got shafted by the acquisition financially.
- mathisfun123 4mo agoYes I know multiple people there as well and heard the same thing.