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Electronics Production | August 15, 2005

Qualcomm acquires Flarion

Qualcomm acquires OFDM-firm Flarion Technologies for $600M in Qualcomm stock and cash.

"With this acquisition, Qualcomm will be in a stronger position to support advanced development in both CDMA and OFDMA technologies," Paul Jacobs, CEO of Qualcomm, said in a press release. "The combination of Flarion and Qualcomm's engineering resources greatly strengthens our position as a continued technology innovator and leader in the wireless industry. We believe CDMA will provide the most advanced, spectrally efficient wide area wireless networks for the foreseeable future, but with Flarion we can now more effectively support operators who prefer an OFDMA or hybrid OFDM/CDMA track for differentiating their services." Closing of the acquisition is expected later this year.
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