Qualcomm announced that it has reached an agreement to acquire a British chip design company Alfavave Semi, which is priced at 4 2.4 billion. The deal will play a key role in the growth of Qualcomm in the data center market while its Orion Mobile CPU and SHTCON will complement NPU development.
Alfavave also contains key IPs in custom silicone chips, AI and connectivity products. It also features “industry leading high-speed connectivity solutions” for autonomous vehicles and solid-state storage.
The editing of Qualcomm’s Alfavave Semi presents the opportunity for us to join forces with a significant goal and respect for our business, and to value our customers.
By combining our resources and skills, we will be in good shape to expand our product’s ings furings, reach the customer’s comprehensive base, and enhance our technical capabilities.
Together, we will do new opportunities for growth, drive innovation and make the leading player in AI Compute and Connectivity Solutions. – Tony Pialis, President and CEO of Alfavave Semi
Alfavaev was founded in 2017. By 2023, it had more than 829 employees and is forecast to reach the $ 39 billion address market by 2027. The Qualcomm Acquisition deal will now have to pass the approval of the UK regulator and if all goes well, it should be completed in Q1, 2026.
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