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© mopic-_dreamstime.com Components | May 13, 2014

Qualcomm to acquire Israeli chipmaker?

Fresh of the rumour mill; Qualcomm set to acquire mobile chipmaker Wilocity for USD 300 million.
Wilocity is a fabless chipmaker focused on wireless chipsets for mobile computing, consumer electronics and peripheral market.

According to a report in Israeli Haaretz, Qualcomm and Wilocity are in deep negotiations regarding an acquisition by Qualcomm. The reported price tag – or rather, offer – is some USD 300 million. However, neither company has commented on the matter.
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January 17 2019 2:20 pm V11.11.0-2