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Alphawave Extends Qualcomm Offer Deadline Amid Ongoing Talks

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Alphawave Extends Qualcomm Offer Deadline Amid Ongoing Talks

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The latest announcement is out from Alphawave IP Group ( (GB:AWE) ).

Alphawave IP Group has announced an extension of the deadline for Qualcomm Incorporated to decide on making a firm offer to acquire Alphawave. Originally set for April 29, 2025, the deadline has been extended to May 12, 2025, as discussions between the two companies continue. This extension indicates ongoing negotiations and potential strategic shifts for Alphawave, which could impact its market positioning and stakeholder interests.

More about Alphawave IP Group

Alphawave IP Group is a company operating in the semiconductor industry, focusing on the development and licensing of high-speed connectivity solutions. Their primary products include advanced semiconductor IPs designed to enhance data transmission speeds, catering to a global market that demands efficient and reliable communication technologies.

YTD Price Performance: 38.32%

Average Trading Volume: 1,941,460

Technical Sentiment Signal: Strong Buy

Current Market Cap: £882.8M

Find detailed analytics on AWE stock on TipRanks’ Stock Analysis page.

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