Qualcomm buys Berkana Wireless
CDMA developer Qualcomm yesterday announced it will pay about $56 million cash to acquire Berkana Wireless, a fabless semiconductor company based in the Silicon Valley that has designed lower-cost CMOS radio frequency integrated circuits.
“Qualcomm and Berkana share a common vision, with complementary products, processes and roadmaps. Our aligned strategies make this decision a logical and mutually beneficial one,” Qualcomm CDMA Technologies President Sanjay Jha said in a prepared statement. “This acquisition reinforces our leadership in RF in the 3G wireless market, enabling us to more quickly deliver new highly integrated RF CMOS solutions to our customers.”
Calls to Qualcomm were not returned in time to be included in this article.