Fabless chipmaking giant Qualcomm is set to grow yet stronger with a $2.4 billion agreement to acquire Alphawave Semi now inked. Qualcomm’s freshly acquired wholly-owned subsidiary is best known for its high-speed wired connectivity and compute technologies. This deal appears to offer great synergies, particularly in the wake of Qualcomm confirming its reentry to the data center market in mid-May. Please keep this news between you and us, for now, dear readers, as Qualcomm’s press release date indicates this acquisition announcement was supposed to hit the wires tomorrow. (Or it's a typo)
Qualcomm was already poised to make a big splash with its new data center processors. Its Oryon CPU cores have a great reputation for processing power and efficiency. Moreover, it should follow up with second and third generation Oryon cores from its Nuvia team in the coming months.
