Qualcomm Bid for Alphawave: Chip Deal Confirmed | The Register
- Qualcomm has made a $2.4 billion bid to acquire Alphawave Semi,a London Stock Exchange-listed connectivity firm.
- The acquisition is expected to provide Qualcomm with key assets for its expansion into datacenters, a market the company re-entered after withdrawing in 2018.
- Earlier reports indicated that Arm also considered acquiring Alphawave but ultimately did not pursue the deal.
Qualcomm is set to acquire Alphawave Semi in a $2.4 billion deal, aiming to bolster its datacenter capabilities. This strategic move marks QualcommS re-entry into the datacenter market,leveraging Alphawave’s expertise in high-speed wired connectivity. The primary_keyword is “Qualcomm,” and the secondary_keyword is “Alphawave Semi.” The deal promises to enhance Qualcomm’s Oryon CPU and Hexagon NPU cores, critical for meeting the surging demand for high-performance computing in AI inferencing and custom CPUs. Regulatory approvals are pending across multiple countries. News Directory 3 could report on any further developments. Anticipated to close in early 2026,the acquisition promises to expand product offerings and technological capabilities. Discover what’s next as these two tech giants combine forces.
qualcomm Eyes Alphawave Semi Acquisition for Datacenter Expansion
Updated June 09, 2025
Qualcomm has made a $2.4 billion bid to acquire Alphawave Semi,a London Stock Exchange-listed connectivity firm. The move signals Qualcomm’s renewed push into the datacenter market, leveraging Alphawave’s expertise in high-speed wired connectivity and compute technologies.
The acquisition is expected to provide Qualcomm with key assets for its expansion into datacenters, a market the company re-entered after withdrawing in 2018. Qualcomm believes its Oryon CPU and Hexagon NPU cores,combined with Alphawave’s technology,will meet the growing demand for high-performance,low-power computing driven by AI inferencing and custom CPUs in hyperscale environments.
Earlier reports indicated that Arm also considered acquiring Alphawave but ultimately did not pursue the deal.
Qualcomm Chief Cristiano Amon said the acquisition would combine the companies’ technologies to enable “next-level connected computing performance” across datacenters and other high-growth areas.
“Alphawave Semi has developed leading high-speed wired connectivity and compute technologies that are complementary to our power-efficient CPU and NPU cores,” Amon said.
Alphawave CEO Tony Pialis called the takeover a “significant milestone” that would expand product offerings and enhance technological capabilities.
“By combining our resources and expertise, we will be well-positioned to expand our product offerings, reach a broader customer base, and enhance our technological capabilities,” Pialis said.
The transaction, anticipated to close in the first quarter of 2026, requires approval from Alphawave shareholders and regulatory bodies in the U.S., Germany, South Korea, Canada, and the U.K.
Jefferies analysts anticipate no regulatory hurdles, noting Alphawave’s divestiture of its stake in the Chinese joint venture WiseWave.
The agreement stipulates that Alphawave shareholders will receive $2.48 per share,a 96% premium over the pre-takeover valuation.
What’s next
If the acquisition is successful, Alphawave’s technology will be integrated into Qualcomm’s infrastructure platforms, powering services across datacenters, AI, data networking, and data storage applications.