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Qualcomm to acquire semiconductor firm Alphawave Semi for $2.4B

Qualcomm has acquired Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion.

Qualcomm has agreed to acquire Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion. “The combined teams share the goal of building advanced technology solutions and enabling next-level connected computing performance across a wide array of high-growth areas, including data center infrastructure,” Amon said in a press release. Qualcomm’s acquisition of Alphawave, which makes a range of wired connectivity and compute technologies, comes a few months after the bigger chip company bought the generative AI division of Vietnamese startup VinAI, as well as internet of things company Edge Impulse.

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