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Qualcomm acquires Airgo and Bluetooth assets of RFMD 05-12-06

Qualcomm will acquire for cash WLAN technology provider Airgo Networks and the majority of RF Micro Devices' (RFMD's) Bluetooth assets. Palo Alto, California-based Airgo possesses intellectual property assets and resources in WLAN technology and has provided WLAN products to both manufacturers of access points and laptop computers. In addition to supporting Airgo's existing business, Qualcomm will be integrating their 802.11a/b/g and 802.11n technology into select Mobile Station Modem chipsets. Under the agreement with RFMD, Qualcomm will acquire the majority of North Carolina-based RFMD's Bluetooth assets, specifically those based in San Diego and will be integrating the Bluetooth Enhanced Data Rate (EDR) technology into MSM reference designs. RFMD's San Diego-based team currently designs technology for both the mobile handset and headset markets. The acquisitions are expected to close by the end of December 2006.

 
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