Qualcomm (QCOM) on Monday announced a deal to acquire British firm Alphawave Semi as the chipmaker looks to expand its push into the world of data centers.
US chipmaker Qualcomm Inc. has reached an agreement to acquire UK-based semiconductor company Alphawave IP Group Plc for approximately $2.4 billion in cash, marking a significant step in its strategy to expand into artificial intelligence and high-speed data infrastructure.
Qualcomm acquires Alphawave for $2.4B to strengthen its AI chip technology, leveraging Alphawave's SerDes expertise for high-speed data transfer. L'Oréal secures a majority stake in Medik8, expanding its skincare portfolio with a focus on vitamin A-based anti-aging products and omni-channel growth.
LONDON--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has reached an agreement with Alphawave IP Group plc (AWE.L) (“Alphawave Semi”) regarding the terms and conditions of a recommended acquisition by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm Incorporated, for the entire issued and to be issued ordinary share capital of Alphawave S...
Alphawave IP Group PLC (LSE:AWE), one of London's few listed microchip companies, has agreed to a US$2.4 billion (£1.8bn) recommended acquisition by US giant Qualcomm Inc (NASDAQ:QCOM, ETR:QCI). In a separate statement, Alphawave confirmed it had completed the sale of its entire interest in WiseWave, a joint venture with a group of Chinese investors, at the end of last week.
Qualcomm on Monday sealed a deal to acquire Britain's Alphawave IP Group in what the company said was an effort to pair high-speed wired connectivity and compute technologies with its own processors for artificial intelligence.
Ein Übernahmeangebot des US-Branchenriesen Qualcomm US7475251036 für den britischen Chip-Hersteller Alphawave GB00BNDRMJ14 hat dessen Aktienkurs am Montag hochschnellen lassen.
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