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TheThe
@dylan.mcgrath There was another one just a week ago. Very, very sad news.
dylan.mcgrath
@TheThe- Please explain what you mean. Are you referring to Qualcomm employee ...
Qualcomm buys power IC vendor Summit Micro
Dylan McGrath
6/18/2012 11:58 AM EDT
SAN FRANCISCO—Qualcomm Inc. said Monday (June 18) it acquired programmable power IC vendor Summit Microelectronics Inc. for an undisclosed sum.
Qualcomm (San Diego) said the acquisition would enhance the company's power management roadmap. As a result of the acquisition, Qualcomm will be able to offer a portfolio that will address a broader set of customers and complex design challenges, the company said.
All employees of Summit Microelectronics have joined Qualcomm's CDMA Technologies division, Qualcomm said.
Summit (Sunnyvale, Calif.) provides flexible, highly integrated power management solutions combining precision power regulation with sophisticated digital control in a single chip, Qualcomm said. Summit's fast-charging solutions are found in a variety of leading mobile phones, tablets and e-readers, Qualcomm said.
"Summit Microelectronics brings key expertise, technology, products, and design wins in battery charging and DC-DC converters," said Steve Mollenkopf, Qualcomm's president and COO, in a statement. "This acquisition enhances the competitiveness of Qualcomm's chipset solutions and enables us to provide our customers with industry leading power management and charging performance."
Qualcomm (San Diego) said the acquisition would enhance the company's power management roadmap. As a result of the acquisition, Qualcomm will be able to offer a portfolio that will address a broader set of customers and complex design challenges, the company said.
All employees of Summit Microelectronics have joined Qualcomm's CDMA Technologies division, Qualcomm said.
Summit (Sunnyvale, Calif.) provides flexible, highly integrated power management solutions combining precision power regulation with sophisticated digital control in a single chip, Qualcomm said. Summit's fast-charging solutions are found in a variety of leading mobile phones, tablets and e-readers, Qualcomm said.
"Summit Microelectronics brings key expertise, technology, products, and design wins in battery charging and DC-DC converters," said Steve Mollenkopf, Qualcomm's president and COO, in a statement. "This acquisition enhances the competitiveness of Qualcomm's chipset solutions and enables us to provide our customers with industry leading power management and charging performance."
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TheThe
6/19/2012 6:11 AM EDT
Does this mean more employee suicides at Qualcomm?
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dylan.mcgrath
6/19/2012 7:15 AM EDT
@TheThe- Please explain what you mean. Are you referring to Qualcomm employee that committed suicide in Feb. 2010? I don't see any connection between that sad story and this one.
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TheThe
6/20/2012 1:12 AM EDT
@dylan.mcgrath There was another one just a week ago. Very, very sad news.
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