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The US SIMCONDUCTOR GROUP Qualcomm Group has agreed to a $ 2.4 billion deal to purchase the Alphawave chips, which represents the latest technology company from the London Market.
Corporate councils said that the Qualcomm Monetary offer represents a price of 183 pixels per share of Alphawi, which is 96 percent at the closing price on March 31, which is the last day of trading in trading Qualcomm She announced her offer. They said that the deal is estimated at 2.4 billion dollars, that is, less than half of the evaluation announced slightly more than four years ago.
The deal comes less than a week after the United Kingdom said it will work Switch its main list To New York from London, where it was announced in 2021.
Alphawave’s shares jumped 22 percent in early trading on Monday to 182 pixels.
The deal will provide Qualcomm’s aspirations in artificial intelligence by expanding the intellectual property portfolio in the data center and 5G networks, while major technology companies spend hundreds of billions of dollars on the infrastructure of Amnesty International.
Cristiano Amon, CEO of Qualcomm, said that the two companies “share the goal of building advanced technology solutions and enables the convexable computing performance the next level through a wide range of high growth areas, including the infrastructure of the data center.”
Alphawave Its managers said that he will unanimously recommend that the shareholders vote in favor of the deal. CEO Tony Biyalis said it will leave the United Kingdom “in a good position to expand our products offers, reach a broader customer base and enhance our technological capabilities.”
The deal is expected to be completed during the first calendar quarter of 2026. AlPhawave shareholders can choose to accept the offer or Qualcomm shares.
Alphawave, which licenses chips designs for high -speed communication, was established in Canada and was included in London in 2021, in the same year with the Food Delivery Group and Darktrace.
When it was announced in May 2021, the Toronto -based Alphave sold 856 million pounds of stocks at 410p to evaluate the group at a price of 3.1 billion pounds. Qualcomm offer is for less than half of this number at 183p per share.
By the time Qualcomm completed its acquisition, it is possible that the three companies will be removed, after Deliveooo agreed to sell to its DOORDASH opponent in the United States this year and Darktra was purchased by the Thoma Bravo Special Stock Group last year for $ 5.3 billion.
Alphawave, who was largely shortened before the disclosure of Qualcomm’s interest, said in April that he was unable to provide guidance for this year because of the uncertainty about US President Donald Trump’s tariff and warned that “the timing of customer programs is currently not certain.” In addition to data centers, their technology is used in 5G infrastructure and self -government vehicles.
Qualcomm, whose revenue from mobile phone flakes and relevant compensation has reported a strong growth in April for the first quarter of the year and said he did not expect a significant impact of customs tariffs. In March, the company achieved great success when Apple launched the first iPhone to have its own internal modem, to replace a historically provided part.
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