Qualcomm, a next-generation mobile technologies and semiconductor business, has acquired Bigfoot Networks, a company which provices consumer-grade networking devices aimed at the gaming market.
Round-up of today’s M&A deals
Qualcomm Incorporated, a next-generation mobile technologies and semiconductor business, has acquired Bigfoot Networks, a company which provides consumer-grade networking devices aimed at the gaming market.
The purchase was made by Qualcomm Atheros, a subsidiary of Qualcomm formed when the company purchased wireless specialist Atheros to boost its smart phone and tablet chip offerings.
Qualcomm provides services including the Snapdragon application processors that power tablets and smart phones and WiPower inductive technology for wire-free gadget charging.
Qualcomm, which has not disclosed the financial details of the acquisition, says that Bigfoot’s technology will help it deliver services which will allow its users to manage rich media streams online.
Bigfoot, known for its networking equipment targeted at gaming laptops, recently debuted its Killer Wireless-N 1102 product. The company used Qualcomm’s hardware on top of its custom firmware and software.
Round up of today’s M&A Deals
- AmerisourceBergen Corporation is to purchase IntrinsiQ
Value: $35 million (£21.9 million)
- Compact acquires Rights.tv
- Confirmit acquires Techneo and extends mobile capabilities of end-to-end customer feedback and research platform
Advisers: Indigo River