Qualcomm Agrees to Buy Alphawave Semi for About $2.4 Billion
CONFIRMED89% CONFIDENCEQualcomm's[1] 8-K says that 'On June 9, 2025' it and Alphawave issued the Rule 2.7 announcement of the recommended acquisition; the Business Wire copy is datelined 'LONDON, June 09, 2025' and was published at 08:38 UTC.
Qualcomm reached a recommended deal to buy the London-listed connectivity chip designer Alphawave IP Group for $2.48 a share in cash, an implied enterprise value of about $2.4 billion, to speed its move into data centres.
$2.4B