Qualcomm to Boost Wi-Fi With $3.1B Atheros Buy

There was a time when a phone was just used to make calls, and a computer sat on a desk and lived inside the office. Each tapped into separate networks to communicate with similar devices. How long ago that seems today.

In response to the accelerating convergence of mobile and traditional computing devices, Qualcomm has ponied up $3.1 billion to acquire Atheros, a Wi-Fi silicon vendor in a bid to bring wide and local area networking technology into alignment. Datamation has the story.

The worlds of cellular and Wi-Fi communications are about to get a whole lot closer.

Mobile silicon technology vendor Qualcomm (NASDAQ: QCOM) today announced its intention to acquire Wi-Fi silicon vendor Atheros (NASDAQ:ATHR) in a deal valued at $3.1 billion. Qualcomm will pay $45 for each Atheros share and the deal is expected to close in the first half of 2011.

Read the full story at Datamation:

Qualcomm Acquires Atheros for $3.1 billion

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