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M&A Deal Summary

Qualcomm Acquires DesignArt Networks

On August 24, 2012, Qualcomm acquired semiconductors company DesignArt Networks

Acquisition Highlights
  • This is Qualcomm’s 5th transaction in the Semiconductors sector.
  • This is Qualcomm’s 1st transaction in Israel.

M&A Deal Summary
Date 2012-08-24
Target DesignArt Networks
Sector Semiconductors
Buyer(s) Qualcomm
Deal Type Add-on Acquisition

Target

DesignArt Networks

Raanana, Israel
DesignArt Networks Ltd. is a provider of System-on-Chip solutions for the next generation of mobile broadband wireless networks, and is dedicated to meeting its challenges - cost, development time and flexibility.

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Buyer(S) 1

Buyer

Qualcomm

San Diego, California, United States
Category Company
Founded 1985
Sector Semiconductors
Employees49,000
Revenue 39.0B USD (2024)
DESCRIPTION
Qualcomm's corporate headquarters in San Diego, California.
Qualcomm's corporate headquarters in San Diego, California.

Qualcomm develops and commercializes communication technologies. Qualcomm develops a digital communication technology called CDMA (Code Division Multiple Access) and owns significant intellectual property applicable to products that implement any version of CDMA. Qualcomm develops OFDMA (Orthogonal Frequency Division Multiple Access) technology for which the Company owns intellectual property. Qualcomm also develops and commercializes technologies used in handsets and tablets. In addition to licensing portions of its intellectual property portfolio, Qualcomm produces integrated circuits (also known as chips or chipsets) and system software used in mobile devices and in wireless networks. Qualcomm was formed in 1985 and is based in San Diego, California.

DEAL STATS #
Overall 24 of 41
Sector: Semiconductors M&A 5 of 9
Type: Add-on Acquisition M&A Deals 23 of 36
Country: Israel M&A 1 of 4
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-25 Pixtronix

Wilmington, Massachusetts, United States

Pixtronix, Inc. is a technology company that develops display technologies optimized for multimedia devices.

Buy $175M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-23 Omnitracs

Dallas, Texas, United States

Omnitracs is a provider of fleet management software applications, information services, and hardware platforms. The company’s intuitive technologies, including solutions for safety and compliance, fuel efficiency, driver retention, GPS fleet tracking, and fleet maintenance, enable its customers to solve common fleet problems and achieve their business objectives. Omnitracs pioneered the fleet telematics industry over 25 years ago and continues to serve over 2,500 private and for-hire fleet customers and more than 270,000 vehicles throughout North American and Latin America. Omnitracs was founded in 1988 and is based in Dallas, Texas.

Sell $800M
Mergr

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