Saturday, June 24, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Promises to Stop Reading Your Emails in Gmail
BlackBerry's Software and Services Sales Fell in Q1
Handsets Expected to be Largest Market for ICs
G.SKILL Announces New DDR4 for the Intel X299 HEDT Platform
Toshiba Open to Further Talks With Western Digital About Chip Unit Sale
Foxconn Confirms US Investment Plan
Tesla Could Enter the Music-Streaming Business
Youtube Unveils New VR180 Format
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 Invests in Safe Battery Technology Company Amionx
Apple Alleges Qualcomm Chip Licenses are Invalid
Qualcomm Unveils New Audio Platforms for IoT and Smart Home Devices
Qualcomm Turns to TSMC Over Samsung For 7nm Chips
European Commission Opens Investigation into Qualcomm's Proposed Acquisition of NXP
Qualcomm Quick Charge 4+ Coming in Your Next Mobile Device
Qualcomm and Microsoft Bring the Snapdragon 835 to PCs
Computex: Qualcomm Unveils Mesh Networking Platform and Reference Design
Qualcomm, China Mobile Research Institute and Mobike Plan to Commence LTE IoT Multimode Field Trials in China
Qualcomm Demos Wireless Electric Vehicle Charging
Qualcomm Sues Apple Contract Manufacturers
Intel and Samsung Support FTC's Complaint Against Qualcomm

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .