I don't think $4B is reasonable for an acquihire. They must see value in the technology.
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.
I have a friend who works at Modular. FWIU, the employees got shafted by the acquisition financially.
Yes I know multiple people there as well and heard the same thing.
Exactly. 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.
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.
I have a friend who works at Modular. FWIU, the employees got shafted by the acquisition financially.
Yes I know multiple people there as well and heard the same thing.
Exactly. 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.