Fascinating Article About Qualcomm...
can someone post the article for those of us that are stuck behind a proxy? Thanks 🙄
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Why Qualcomm Has Its Wallet Out
The Elata and Flarion acquisitions reflect the outfit's need to keep abreast of tech's latest trends. Expect more of the same
Qualcomm (QCOM ) is on its biggest buying spree in five years. On Aug. 17, the wireless technology powerhouse acquired Britain-based software startup Elata for $57 million in cash. A few days earlier, it plunked down $600 million in cash and stock for Flarion, a U.S.-based wireless network-technology outfit. And many analysts expect more purchases in the coming months.
What's driving this acquisition urge? Certainly not any trouble with Qualcomm's core business. Sales are about to enter a growth spurt, as Code Division Multiplexing (CDMA), a cutting-edge wireless technology f...
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The Elata and Flarion acquisitions reflect the outfit's need to keep abreast of tech's latest trends. Expect more of the same
Qualcomm (QCOM ) is on its biggest buying spree in five years. On Aug. 17, the wireless technology powerhouse acquired Britain-based software startup Elata for $57 million in cash. A few days earlier, it plunked down $600 million in cash and stock for Flarion, a U.S.-based wireless network-technology outfit. And many analysts expect more purchases in the coming months.
What's driving this acquisition urge? Certainly not any trouble with Qualcomm's core business. Sales are about to enter a growth spurt, as Code Division Multiplexing (CDMA), a cutting-edge wireless technology f...
(continues)
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