Qualcomm Acquires Alphawave Semi for $2.4B to Boost AI, Data Centers


Qualcomm Acquires Alphawave Semi for $2.4B to Boost AI, Data Centers

📅 - Qualcomm has announced plans to acquire UK-based Alphawave Semi in a deal valued at approximately $2.4 billion, as part of its strategic expansion into high-performance data center infrastructure. The agreement, reached with Alphawave IP Group plc, outlines the acquisition of all issued and to-be-issued ordinary shares by Aqua Acquisition Sub LLC, an indirect wholly owned subsidiary of Qualcomm.

The transaction is expected to close in the first quarter of 2026, subject to customary regulatory approvals and shareholder consent.

The acquisition comes at a pivotal moment for Qualcomm, which is ramping up its presence in the data center market. With rapid advancements in artificial [...][... Check source for end of article ...]
Tags: Data Center

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