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by mathisfun123 37 days 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.

2 comments

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.

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.