Seeking Alpha

Qualcomm buys WiGig chipmaker Wilocity

  • Israel's Wilocity is a top developer of chips/firmware for the nascent WiGig (802.11ad) standard, which (using 60GHz. spectrum) can deliver speeds of up to 7Gbps to devices within 10m of each other, and thus act as a USB/HDMI replacement. (PR)
  • No acquisition price has been given. The Marker reported in May Qualcomm (QCOM) is in talks to buy Wilocity for ~$300M.
  • Qualcomm's Atheros unit has been working with Wilocity since 2011 to develop tri-band Wi-Fi/WiGig offerings for the PC market. Going forward, Qualcomm plans to develop mobile/networking tri-band platforms, and offer a reference design that pairs one with its Snapdragon 810 processor (next-gen flagship, due in commercial hardware in 1H15).
  • Yesterday: Qualcomm buys CSR's Israeli imaging IP unit
Comments (2)
  • agaptrader
    , contributor
    Comments (66) | Send Message
     
    QCOM has been consolidating at this level for a long time, what a beautiful chart if you look at the weekly timeframe over 1 year.

     

    Consolidation at this level is a good sign for more upward movement. Good stock.
    2 Jul, 10:10 PM Reply Like
  • jarco
    , contributor
    Comments (1541) | Send Message
     
    As a QCOM holder, not sure further linkage with an operation right in the middle of jihad terrorism is a good idea. Business interruption insurance must be at quite a premium.
    3 Jul, 10:46 AM Reply Like
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