Atheros buys Qualcomm $ 3.1 billion

American designer of components for mobile phones Qualcomm announced on Wednesday 5, the acquisition of the company Atheros Communications, a specialist in Wi-Fi and Bluetooth. The transaction totaled $ 3.1 billion (2.35 billion euros), and Qualcomm offers 45 dollars (34.10 euros) in cash for each share of its target.

The acquisition "will facilitate the diversification of technology for Qualcomm to other sectors," beyond its traditional business in the mobile phone, and "provide access to significant new opportunities for growth," said the group a statement. The operation is the largest of its kind ever conducted by Qualcomm, which has more than 10 billion dollars (7.6 billion euros) in cash at the end of September.

• Rumored Qualcomm Bid For Atheros Focused on the Home (04/01/2011)
• Atheros Shares Surge on Report of Qualcomm Takeover (04/01/2011)
• Options update: Molycorp Put Volatility Elevated (04/01/2011)
• Ex-Atheros Executive Sentenced in Galleon Case (08/11/2010)
• How Are the Margins at Atheros Communications? (02/11/2010)

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