Saturday, September 05, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Dominates The Smartphone Apps Market
Toyota To Invest $50 million In Research Centers For Self-driving Cars
Report Reveals the Web's Shadiest Neighborhoods
Google Play Is Coming Back To China: report
Hackers Stole Data From Bugzilla
BlackBerry To Buy Rival Good Technology
GIGABYTE Z170X-UD5 Motherboard Is Intel Thunderbolt 3 Certified
LG Bets On OLED's Success, Showcases Innovative Prototypes At IFA2015
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > Qualcom...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, January 05, 2011
Qualcomm to Acquire Atheros For 3.1 Billion Dollars


Qualcomm and Atheros today announced that they have entered into a definitive agreement whereby Qualcomm intends to acquire Atheros.

The acquisition is intended to help accelerate the expansion of Qualcomm?s technologies and platforms to new businesses beyond cellular and provide access to new growth opportunities.

Qualcomm has entered into a definitive agreement to purchase Atheros for $45 per share in cash, representing an enterprise value of $3.1 billion. The transaction has been approved by the Qualcomm and Atheros boards of directors and is subject to customary closing conditions, including the receipt of domestic and foreign regulatory approvals and the approval of Atheros? stockholders. The transaction is expected to close in the first half of 2011.

"It is Qualcomm?s strategy to continually integrate additional technologies into mobile devices to make them the primary way that people communicate, compute and access content. This acquisition is a natural extension of that strategy into other types of devices," said Dr. Paul E. Jacobs, chairman and CEO of Qualcomm. "The combination of Qualcomm and Atheros is intended to accelerate this opportunity by utilizing best-in-class products for communications, computing and consumer electronics to broaden existing customer relationships and expand access to new partners and distribution channels."

Atheros? current president and CEO, Dr. Craig H. Barratt, is expected to join Qualcomm as president of Qualcomm Networking & Connectivity.

"Qualcomm and Atheros have a long history of collaboration and share a culture of technical innovation and execution excellence," Barratt said. "The Atheros team will build upon Qualcomm?s strengths and leadership to bolster our customers? ability to deliver innovative and differentiated products in the increasingly connected world."

"With this acquisition and our complementary products, Qualcomm will be in a strong position to take our successful mobile strategy of bringing the best technologies together into a systems solution and apply this to new opportunities," said Steve Mollenkopf, EVP and group president of Qualcomm. "We see this strategy as central to helping our customers capitalize on the ubiquitous connectivity and seamless experiences that are developing across mobile phones, computing and consumer electronics."


Previous
Next
WD Scorpio Black Drives Offer Notebook Users 750GB Of Storage        All News        Ruling Frees Promo CDs For Resale
CES: Microsoft Announces OS Support For SoC Architectures, Enhancements to Windows Phone 7, New Smart Tecnology Products     General Computing News      Dell To Buy Secureworks

Get RSS feed Easy Print E-Mail this Message

Related News
Qualcomm Details New Snapdragon 820 and Kryo CPU
Qualcomm Snapdragon 820 Processor To Geature Mobile Anti-malware Technology
Qualcomm Says Next-Generation GPU Architecture and Image Signal Processor Will Bring Better Graphics To Your Smartphone
Qualcomm Enables Wireless Charging for Mobile Devices with Metal Cases
Qualcomm To Cut Workforce
Europe Opens Investigations Against Qualcomm
Computex: Qualcomm Expands 802.11ac MU-MIMO Product Portfolio for Wi-Fi Access Points and Routers
Daimler and Qualcomm To Collborate On Connected Car Technologies
Qualcomm Improves AllPlay Smart Media Platform with New Features for Streaming Music Wirelessly
Qualcomm Lowers Current Quarter Forecast
Samsung To Make New Qualcomm Processors: report
NVIDIA Receives Favorable Ruling from ITC in Patent Dispute with Samsung, Qualcomm

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .