Seeking Alpha

Qualcomm sells Omnitracs for $800M

  • The sale of QCOM's North and Latin American transportation and logistics business is to Vista Equity Partners for $800M in cash.
  • Shares +0.2% premarket.
  • Source: Press release.
Comments (2)
  • dunnhaupt
    , contributor
    Comments (389) | Send Message
    Smart move. There is no need for QCOM to be involved in the overcrowded logistics business.
    23 Aug 2013, 08:45 AM Reply Like
  • StayCool
    , contributor
    Comments (79) | Send Message
    VERY smart move on QCOM's part. Focus on what you do best!!
    23 Aug 2013, 09:25 AM Reply Like
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