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Qualcomm completes acquisition of Alphawave Semi

Qualcomm (QCOM) announced that it has completed its acquisition of Alphawave Semi, approximately one quarter ahead of schedule. Tony Pialis, CEO and co-founder of Alphawave Semi, will lead the Qualcomm data center business. “Alphawave Semi’s expertise in high-speed connectivity technologies complements our Qualcomm Oryon CPU and Hexagon NPU processors,” said Cristiano Amon, president and CEO of Qualcomm Incorporated. “Qualcomm delivers high-performance, energy-efficient compute and AI solutions, and the addition of Alphawave’s technologies will strengthen our platforms and optimize performance for next-generation AI data centers.”

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