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    Thursday, August 11, 2005

    Qualcomm Acquires Flarion Technologies For $600M
    San Diego-based telecom giant Qualcomm announced this morning that it is acquiring New Jersey-based Flarion Technologies, a developer of mobile technology. Flarion develops Orthogonal Frequency Division Multiplex Access (OFDMA) technology and mobile broadband Internet protocol (IP) services. The deal is worth $600M in stock and cash, and also includes the assumption of options and warrants. Qualcomm also said that there is an earnout provision for an additional $205M in cash and stock on reaching certain milestones. OFDM technology is being used by telecommunications operators to deliver voice, data, and wireless multimedia applications to subscribers.
    posted on Thursday, August 11, 2005

    Related companies:
    Qualcomm

    Related stories:
    > Qualcomm Completes Flarion Buy
    > QUALCOMM To Pay $1.8M To DOJ Over Flarion Buy
    > Qualcomm Names COO, Adds VP
    > Qualcomm Acquires Xiam Technologies Limited
    > Qualcomm Buys Semiconductor Design Firm

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