Qualcomm plans to purchase Alphawave Semi.
Takeaway Points
- Qualcomm to purchase Alphawave Semi.
- The aim is to increase and provide key assets for Qualcomm’s expansion into data centers.
- The purchase is scheduled to conclude during the first calendar quarter of 2026.
Alphawave Semi Acquistion
Qualcomm Incorporated on Monday announced that it has reached an agreement with Alphawave IP Group plc regarding the terms and conditions of a recommended buying by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm Incorporated, for the entire issued and to be issued ordinary share capital of Alphawave Semi at an implied enterprise value of about US$2.4 billion.
According to the company, the aim of the purchase is to increase and provide key assets for Qualcomm’s expansion into data centers.
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Cristiano Amon, president and CEO of Qualcomm Incorporated, commented, “Under Tony’s leadership, Alphawave Semi has developed leading high-speed wired connectivity and compute technologies that are complementary to our power-efficient CPU and NPU cores. Qualcomm’s advanced custom processors are a natural fit for data center workloads. The combined teams share the goal of building advanced technology solutions and enabling next-level connected computing performance across a wide array of high growth areas, including data center infrastructure.”
Tony Pialis, president and CEO of Alphawave Semi, said, “Qualcomm’s acquisition of Alphawave Semi represents a significant milestone for us and an opportunity for our business to join forces with a respected industry leader and drive value to our customers. By combining our resources and expertise, we will be well-positioned to expand our product offerings, reach a broader customer base, and enhance our technological capabilities. Together, we will unlock new opportunities for growth, drive innovation, and create a leading player in AI compute and connectivity solutions.”
The completion
Based on the report, the purchase of Alphawave Semi is scheduled to conclude during the first quarter of 2026.
The company said that the full announcement, issued in accordance with Rule 2.7 of the UK Takeover Code, can be found on their website.
About Qualcomm
Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on their 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Their Snapdragon platforms power extraordinary consumer experiences, and their Qualcomm Dragonwing products empower businesses and industries to scale to new heights. Together with their ecosystem partners, they enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, they are engineering human progress.
Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of their patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of their engineering and research and development functions and substantially all of our products and services businesses, including their QCT semiconductor business. Snapdragon and Qualcomm-branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated.
