Qualcomm to Acquire Alphawave Semi in ~$2.4 Billion Deal
June 9, 2025
Qualcomm announced it has reached an agreement to acquire Alphawave Semi, paying an implied enterprise value of approximately US$2.4 billion. The deal will be implemented through Aqua Acquisition Sub LLC, a wholly-owned subsidiary of Qualcomm, and is expected to complete in the first calendar quarter of 2026 subject to regulatory and shareholder approvals.
- Targets
- Alphawave IP Group plc (Alphawave Semi), Alphawave Semi
- Industry
- IT Services
- Location
- Canada
- Transaction Type
- Buyout
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