Qualcomm Buying Out Flarion ; Start-Up's Technology Expands Portfolio
The Record, Bergen County, NJ › August 12, 2005
Linked as:
Summary
Closely held Flarion Technologies has been snapped up by wireless giant Qualcomm, which agreed to pay as much as $800 million for the Bedminster start-up.
Flarion, which grew out of a Bell Labs research project, announced the deal Thursday, and investors drove shares of publicly traded Qualcomm up $1.27 to close at $40.48.See the full content of this document
Extract
Qualcomm Buying Out Flarion ; Start-Up's Technology Expands Portfolio
Flarion President Mike Gallagher said his company had hoped to someday become the next Qualcomm, a powerhouse that grew by developing CDMA wireless techno...
See the full content of this document
Sponsored links
