Mobile technology giant Qualcomm has announced plans to purchase Atheros Communications, a leader in wired and wireless technology connectivity, for $45 per share in cash. The acquisition underscores the importance of wireless technology in the rapidly growing smartphone and tablet market. “It is Qualcomm’s strategy to continually integrate additional technologies into mobile devices to make them the primary way that people communicate, compute and access content,” said Paul E. Jacobs, chairman and CEO of Qualcomm.
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Qualcomm Tucks Atheros Into Its Arsenal
Posted by: Rob Spiegel January 5, 2011 12:16 PMMobile technology giant Qualcomm has announced plans to purchase Atheros Communications, a leader in wired and wireless technology connectivity, for $45 per share in cash. The acquisition underscores the importance of wireless technology in the rapidly growing smartphone and tablet market. “It is Qualcomm’s strategy to continually integrate additional technologies into mobile devices to make them the primary way that people communicate, compute and access content,” said Paul E. Jacobs, chairman and CEO of Qualcomm.