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Shares of Alphawave IP Group plc (OTCMKTS:AWEVF - Get Free Report) were down 12.7% during trading on Tuesday. The company traded as low as $2.3125 and last traded at $2.3125. Approximately 1,000 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 84,454 shares. The stock had previously
SAN DIEGO--(BUSINESS WIRE)--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. “Alphawave Semi's expertise in high-speed connectivity.
Alphawave IP Group plc (OTCMKTS:AWEVF - Get Free Report) shares were up 3.8% on Monday. The company traded as high as $2.70 and last traded at $2.70. Approximately 43,850 shares changed hands during trading, a decline of 46% from the average daily volume of 81,192 shares. The stock had previously closed at $2.60. Alphawave
Alphawave IP Group PLC (LSE:AWE) shares rose 6% to 200.6p after the semiconductor group and Qualcomm confirmed that several major regulatory approvals for its £1.8 billion recommended takeover have now been secured, keeping the deal on track for completion before Christmas. The acquisition is being carried out through a court-sanctioned scheme of arrangement.
LONDON & TORONTO--(BUSINESS WIRE)--Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity and compute silicon for the world's technology infrastructure, will showcase the latest advances in AI and connectivity IP at the European Conference on Optical Communication (ECOC) 2025. Taking place this year at the Bella Center in Copenhagen, Denmark, ECOC is Europe's leading optical communications conference, bringing together experts from academia, research, and industry. Building on th.
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Qualcomm has acquired Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion.
LONDON--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has reached an agreement with Alphawave IP Group plc (AWE.L) (“Alphawave Semi”) regarding the terms and conditions of a recommended acquisition by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm Incorporated, for the entire issued and to be issued ordinary share capital of Alphawave Semi at an implied enterprise value of approximately US$2.4 billion. The acquisition of Alphawave Semi.
Alphawave IP Group PLC (LSE:AWE), one of London's few listed microchip companies, has agreed to a US$2.4 billion (£1.8bn) recommended acquisition by US giant Qualcomm Inc (NASDAQ:QCOM, ETR:QCI). In a separate statement, Alphawave confirmed it had completed the sale of its entire interest in WiseWave, a joint venture with a group of Chinese investors, at the end of last week.
Qualcomm on Monday sealed a deal to acquire Britain's Alphawave IP Group in what the company said was an effort to pair high-speed wired connectivity and compute technologies with its own processors for artificial intelligence.
JP Morgan analyst Samik Chatterjee maintained an Overweight rating on Qualcomm Inc QCOM on Monday.
British semiconductor company Alphawave IP Group on Monday said the UK takeover panel had extended the deadline for a takeover offer by U.S. chipmaker Qualcomm to May 27.
British semiconductor company Alphawave IP Group on Tuesday said the UK takeover panel has extended the deadline for a takeover offer by U.S. chipmaker Qualcomm to May 12.
LONDON & TORONTO--(BUSINESS WIRE)--Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity and compute silicon for the world's technology infrastructure, bolsters its leadership in foundational AI silicon connectivity subsystems through silicon proven chiplets and IP subsystems on advanced process nodes and package types. This is set to be showcased at the TSMC 2025 North America Technology Symposium. Scaling connectivity efficiently and effectively to support the growth of AI clu.
British semiconductor company Alphawave IP Group said on Thursday that it was unable to provide a financial forecast for 2025 or beyond due to the uncertainty stemming from the "rapidly developing nature" of U.S. tariffs.
Chipmaker Qualcomm said on Tuesday it is considering making an offer to acquire UK-based Alphawave IP Group.
SoftBank-owned chip tech provider Arm Holdings recently sought to acquire Alphawave , a UK-based supplier of semiconductor intellectual property, to secure a crucial technology that is crucial for building its own artificial-intelligence processors, according to three sources familiar with the matter.
LONDON & TORONTO--(BUSINESS WIRE)--Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity and compute silicon for the world's technology infrastructure, has revealed its portfolio of optoelectronics products addressing the high-speed interconnect semiconductor market, which is forecast to exceed US$4-billion by 2028. The portfolio consists of DSPs for PAM4 and emerging Coherent-lite modulation. These are capable of transmitting AI driven high-speed digital compute data across hyp.
Alphawave IP is transitioning to a semiconductor product company, aiming to capitalize on AI-driven data center demand and boost silicon revenue significantly. Despite a strong start in 2025, the company's long-term stock performance has been poor, with significant losses and no dividends. Revenue growth has been inconsistent, with a notable decline expected in 2024, and the company has faced substantial net losses.