Qualcomm pays $3.1B for Wi-Fi chip maker Atheros

January 5, 2011

Recognizing the pervasiveness of Wi-Fi technology, Qualcomm Inc. (QCOM) said it plans to buy Wi-Fi chip maker Atheros Communications Inc. (ATHR) for $3.1 billion. Qualcomm said the acquisition will help it expand to new businesses beyond cellular. Both stocks were slightly up in trading this morning.
Wi-Fi connectivity is increasingly popular in portable consumer and enterprise electronics, including the digital home. Also, wireless operators, which earlier dismissed Wi-Fi solutions because the technology runs in the unlicensed spectrum bands, have started to embrace Wi-Fi as a way to offload traffic from the macrocellular network.
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Tracy Ford

Former Associate Publisher and Executive Editor, RCR Wireless NewsCurrently HetNet Forum Director703-535-7459 tracy.ford@pcia.com Ford has spent more than two decades covering the rapidly changing wireless industry, tracking its changes as it grew from a voice-centric marketplace to the dynamic data-intensive industry it is today. She started her technology journalism career at RCR Wireless News, and has held a number of titles there, including associate publisher and executive editor. She is a winner of the American Society of Business Publication Editors Silver Award, for both trade show and government coverage. A graduate of the Minnesota State University-Moorhead, Ford holds a B.S. degree in Mass Communications with an emphasis on public relations.

Qualcomm pays $3.1B for Wi-Fi chip maker Atheros

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Qualcomm pays $3.1B for Wi-Fi chip maker Atheros

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