Qualcomm Completes Acquisition of Alphawave Semi in $2.4 Billion Deal

Paul, Weiss advised Qualcomm Incorporated, one of the world’s leading wireless technology innovators, on its acquisition of Alphawave IP Group plc (known as Alphawave Semi), a London Stock Exchange-listed global leader in high-speed wired connectivity and computer technologies. The deal values Alphawave Semi at an enterprise value of approximately $2.4 billion and will further accelerate, and provide key assets for, Qualcomm’s expansion into data centers.

The cross-jurisdictional Paul, Weiss team is led by corporate partners Kyle Seifried, Dan Schuster-Woldan, Matthew Hearn and Scott Barshay, and includes partner Patricia Vaz de Almeida, and counsel Lyudmila Bondarenko; antitrust partners Scott Sher, Nicole Kar and Katharine Haigh, and counsel Alexandra Hackney and Todd Hahn; intellectual property partners John Patten, Jonathan Ashtor and Brianna van Kan, and counsel Georgina Hoy; executive compensation partner Matthew Friestedt; tax partners Jeffrey Samuels, Cian O’Connor, Brian Krause and Deeksha Rathi; and litigation counsel Nathan Mitchell.