Qualcomm has agreed to acquire Alphawave Semi, a semiconductor company based in the United Kingdom -focused on high -speed data center connectivity, for $ 2.4 billion.
According to CEO Cristiano Amon, the agreement will help Qualcomm to grow his data center business.
“Combined teams share the goal of creating advanced technological solutions and allowing for top -notch connected computer performance through a wide range of areas of great growth, including the data center infrastructure,” Amon said in a press release.
Alphawave’s acquisition of Qualcomm, which makes a range of connectivity and cable computer technologies, comes a few months after the larger chip company purchase The generative division of the AI of the Vietnamita Vinai Startup, as well as the Internet of Things Company Edge Impulse. Qualcomm has sought to diversify its portfolio as it faces headers, including a weakening smartphone market (smartphone processors constitute a large part of the revenue of Qualcomm) and Potentially rates.
The agreement is expected to be closed during the first quarter of the calendar of 2026.
