cross-posted from: https://lemmy.world/post/37022550
Today we’re sharing some truly exciting news: Arduino has entered into an agreement to join the Qualcomm Technologies, Inc. family! This is a huge step in our journey – one that allows us to keep growing, thriving, and making technology accessible to everyone, while bringing our values of openness, simplicity, and community spirit to an […]
R.I.P
Enshittification ensues. We should have some legislation that forbids such sales to US- or CN-Companies. They may invest, but they may never hold majority shares. Shit’s ruining us from the inside out.
Free movement of capital and consolidation strike again. As someone who has worked with Qualcomm, the company, this is not good, very bad indeed.
This amounts to treason in the current environment.
Also I don’t like the trend of EU companies buying US money pits like Chrisler and Monsanto and then the EU corporate class turns around and sells highly profitable companies for pennies or just gets their companies assassinated prior to acquisition (*nokia much?).
Our politicians are spineless cheap whores, like most famous US stand up comedians apparently.
