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Feed: Qualcomm snaps up Atheros for $3.1 billion - AggScore: 27.5



Summary: Qualcomm snaps up Atheros for $3.1 billion


Qualcomm has splashed out a massive dollarsignr 3.2 billion (£2.05bn) in cash for chip maker Atheros. The communications giant has paid a premium for the chip maker, which is based in California and specialises in ‘innovative technologies for wireless and wired local area connectivity in the computing, networking and consumer electronics industries’. “It is [...]

Qualcomm snaps up Atheros for $3.1 billion


img srchttpcdn.mos.techradar.comclassificationslogosqualcomm200200.jpgpQualcomm has splashed out a massive 3.2 billion 2.05bn in cash for chip maker Atheros. ppThe communications giant has paid a premium for the chip maker, which is based in California and specialises in innovative technologies for wireless and wired local area connectivity in the computing, networking and consumer electronics industries. ppIt is Qualcomms strategy to continually integrate additional technologies into mobile devices to make them the primary way that people communicate, compute and access content, said Dr. Paul E. Jacobs, chairman and CEO of Qualcomm. ppstrongNatural extensionstrongppThis acquisition is a natural extension of that strategy into other types of devices, he added.ppThe combination of Qualcomm and Atheros is intended to accelerate this opportunity by utilizing bestinclass products for communications, computing and consumer electronics to broaden existing customer relationships and expand access to new partners and distribution channels.ppQualcomm purchased Atheros for 45 per share in cash to secure the deal, which is expected to be closed in the first quarter of 2011.pimg width1 height1 srchttprss.feedsportal.comc669f415081s1149cdc9mf.gif border0div classmfrelatedpRelated StoriespulliHP rumoured to launch PalmPad at CES 2011liliHoneycomb to require dualcore processor and HD displayliliGoogle woos publishers for Android newsstandliliCES 2011 Asus shows off shapechanging concept tabletsliliVideo New BlackBerry PlayBook video shows off web capabilitiesliuldivdiv classmfviraltable border0trtd valignmiddleimg srchttpres3.feedsportal.comimagesemailthis2.gif border0 tdtd valignmiddleimg srchttpres3.feedsportal.comimagesbookmark.gif border0 tdtrtabledivbrbrimg srchttpda.feedsportal.comr91700925482u49f415081c669s1149cdc9kg404368a2.img border0img srchttpfeeds.feedburner.comrtechradarmobilecomputingnews4OKPKn8pWaOQ height1 width1a targetblank relnofollow hrefhttpfeedproxy.google.comrtechradarmobilecomputingnews3OKPKn8pWaOQstory01.htmTechRadar Mobile computing newsa
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Date Added: 01/05/2011
Date Approved: 01/05/2011
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