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Qualcomm Completes Acquisition of Alphawave Semi

Business

Qualcomm Completes Acquisition of Alphawave Semi
Business

Business

Qualcomm Completes Acquisition of Alphawave Semi

2025-12-18 18:20 Last Updated At:12-22 13:20

SAN DIEGO--(BUSINESS WIRE)--Dec 18, 2025--

Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has completed its acquisition of Alphawave IP Group plc (AWE.L) (“Alphawave Semi”), approximately one quarter ahead of schedule. The acquisition of Alphawave Semi aims to further accelerate and provide key assets for Qualcomm’s expansion into the data center. Tony Pialis, CEO and co-founder of Alphawave Semi, will lead the Qualcomm data center business.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251218292351/en/

“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.”

“Joining Qualcomm marks an exciting new chapter for Alphawave Semi,” Pialis said. “We’re ready to bring our leadership in high-speed connectivity and custom silicon to help shape the future of data center innovation.”

Alphawave Semi is a global leader in high-speed wired connectivity delivering custom silicon, connectivity products and chiplets that drive faster, more reliable data transfer with higher performance and lower power consumption. Alphawave Semi’s products form a part of the core infrastructure enabling next-generation services in a wide array of high growth areas, including data centers, AI, data networking and data storage.

The full announcement can be found on our website at: https://investor.qualcomm.com/update-details/update-details-offer.

About Qualcomm

Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated.

Qualcomm, Snapdragon, Qualcomm Dragonwing, Qualcomm Oryon, and Hexagon are trademarks or registered trademarks of Qualcomm Incorporated.

Qualcomm Completes Acquisition of Alphawave Semi

Qualcomm Completes Acquisition of Alphawave Semi

Iran’s attacks on the energy infrastructure of the Middle East and its stranglehold on the Strait of Hormuz has sent oil prices skyrocketing and given rise to growing concerns about a global energy crisis.

This is a photo gallery curated by AP photo editors.

A local vendor fills up a van with diesel in Phnom Penh, Cambodia, Monday, March 30, 2026. (AP Photo/Heng Sinith)

A local vendor fills up a van with diesel in Phnom Penh, Cambodia, Monday, March 30, 2026. (AP Photo/Heng Sinith)

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Empty oil tanks are seen at a big BP refinery in Gelsenkirchen, Germany, Wednesday, April 1, 2026. (AP Photo/Martin Meissner)

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Motorists wait in line to fill their tanks at a Costco gas station, in Los Angeles, Tuesday, March 31, 2026. (AP Photo/Jae C. Hong)

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Ray Ruda fills his van with fuel at a gas station Wednesday, March 25, 2026, in Brentwood, Tenn. (AP Photo/George Walker IV)

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In this photo taken with a slow shutter speed, a truck passes by gas prices that are displayed at a Chevron gas station, in downtown Los Angeles, Tuesday, March 31, 2026. (AP Photo/Jae C. Hong)

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Ray Ruda fills his van with fuel at a gas station Wednesday, March 25, 2026, in Brentwood, Tenn. (AP Photo/George Walker IV)

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In this photo taken with a slow shutter speed, a truck passes by gas prices that are displayed at a Chevron gas station, in downtown Los Angeles, Tuesday, March 31, 2026. (AP Photo/Jae C. Hong)

In this photo taken with a slow shutter speed, a truck passes by gas prices that are displayed at a Chevron gas station, in downtown Los Angeles, Tuesday, March 31, 2026. (AP Photo/Jae C. Hong)

The sun has set behind a gas station in Frankfurt, Germany, Tuesday, March 31, 2026. (AP Photo/Michael Probst)

The sun has set behind a gas station in Frankfurt, Germany, Tuesday, March 31, 2026. (AP Photo/Michael Probst)

The sun has set behind a gas station in Frankfurt, Germany, Tuesday, March 31, 2026. (AP Photo/Michael Probst)

The sun has set behind a gas station in Frankfurt, Germany, Tuesday, March 31, 2026. (AP Photo/Michael Probst)

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FILE - A jeepney driver poses after receiving cash assistance from the government to help in their livelihood as oil prices continue to rise, Wednesday, March 25, 2026, in Quezon city, Philippines. (AP Photo/Aaron Favila, file)

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Fuel prices are listed at a gas station in Frankfurt, Germany, Monday, March 30, 2026. (AP Photo/Michael Probst)

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A man fills his car with diesel at a gas station in London, Monday, March 30, 2026. (AP Photo/Kin Cheung)

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A Chevron gas station in Alameda, Calif. displays gas prices on March 23, 2026. (AP Photo/Terry Chea)

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Gasoline bottles are displayed at a vendor's shop in Phnom Penh, Cambodia, Monday, March 30, 2026. (AP Photo/Heng Sinith)

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A gas station is empty due to a fuel shortage in Ahmedabad, India, Monday, March 23, 2026. (AP Photo/Ajit Solanki)

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A police officer directs drivers lining up to fill their tanks with fuel in Santiago, Chile, Tuesday, March 24, 2026. (AP Photo/Esteban Felix)

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Atul Lahkar, from the Assam region, chef lights a fire with wood and coal to prepare food for his restaurant following a regional gas shortage in Guwahati, India, Thursday, March 19, 2026. (AP Photo/Anupam Nath)

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A man charges his phone and his fan with a solar panel during a blackout in Havana, Tuesday, March 17, 2026. (AP Photo/Ramon Espinosa)

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Commuters wait in long queues for fuel at a petrol station in Prayagraj, India, Thursday, March 26, 2026, amid fears of shortages following the escalation of the U.S.-Israel-Iran conflict. (AP Photo/Rajesh Kumar Singh)

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A liquefied natural gas carrier sails under Las Americas Bridge through the Panama Canal in Panama City, Tuesday, March 24, 2026. (AP Photo/Matias Delacroix)

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Workers walk in an area at a degassing station in Zubair oil field, whose operations have being reduced due to the Mideast war triggered by the U.S. and Israeli attacks on Iran, near Basra, Iraq, Saturday, March 28, 2026. (AP Photo/Leo Correa)

Workers walk in an area at a degassing station in Zubair oil field, whose operations have being reduced due to the Mideast war triggered by the U.S. and Israeli attacks on Iran, near Basra, Iraq, Saturday, March 28, 2026. (AP Photo/Leo Correa)

A woman sells cartons for fuel as drivers line up to fill their tanks with gas in Santiago, Chile, Tuesday, March 24, 2026. (AP Photo/Esteban Felix)

A woman sells cartons for fuel as drivers line up to fill their tanks with gas in Santiago, Chile, Tuesday, March 24, 2026. (AP Photo/Esteban Felix)

People store fuel in a plastic can at a petrol pump amid fears of a possible shortage due to the US Iran war, in Srinagar, Indian controlled Kashmir, Wednesday, March 25, 2026. (AP Photo/Mukhtar Khan)

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