By John Meyer, consultant in financial affairs – Eurasia Business News, June 9, 2025. Article no. 1544.
Qualcomm has agreed to acquire the UK-based semiconductor company Alphawave IP Group Plc for approximately $2.4 billion in cash. This deal aims to expand Qualcomm’s technology portfolio in artificial intelligence and data center markets.
The acquisition price values Alphawave at about 183 pence per share, representing a 96% premium over Alphawave’s share price before Qualcomm announced its interest. Alphawave shareholders have the option to receive cash or exchange their shares for Qualcomm stock.
Alphawave specializes in high-speed wired connectivity and compute technologies, including IP, custom silicon, and chiplets used in data centers, AI, autonomous vehicles, and solid-state storage. The acquisition complements Qualcomm’s Oryon mobile CPU and Hexagon NPU development and supports its renewed push into the data center market following a previous exit in 2018.
The deal is subject to regulatory approval and is expected to close by the first quarter of 2026. Qualcomm’s CEO Cristiano Amon highlighted that Alphawave’s technologies will enhance Qualcomm’s capabilities in connected computing performance across high-growth areas like data center infrastructure and AI compute.
In summary, this $2.4 billion acquisition marks a strategic move by Qualcomm to strengthen its position in AI and data center technologies by integrating Alphawave’s advanced connectivity IP and silicon solutions.
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© Copyright 2025 – Eurasia Business News. Article no. 1544.
Eurasia Business News 