Acquired By Qualcomm
In January 2011, Qualcomm entered into a Material Definitive Agreement to acquire Atheros at $45 per share in an all in cash merger agreement. This agreement was subject to shareholder approval and other customary regulatory approvals. In May 2011, Qualcomm completed its acquisition of Atheros Communications for a total of US$3.1 billion. Atheros is now a subsidiary of Qualcomm under the name Qualcomm Atheros. Under Qualcomm Atheros, the division unveiled the WCN3660 Combo Chip, which integrated dual-band Wi-Fi, Bluetooth, and FM into Qualcomm Snapdragon mobile processors. Qualcomm Atheros launched the Skifta media shifting application for Android and released the first HomePlug Green PHY solution at the end of the year.
Qualcomm Atheros began 2012 by announcing the first generation of Wi-Fi Display-enabled solutions at CES 2012, along with a new chip for HomePlug AV powerline. At Mobile World Congress 2012, Qualcomm Atheros demonstrated a suite of 802.11ac enabled products. This included the WCN3680, the industry’s first mobile 802.11ac combo chip targeting smartphones and tablets. In June 2012 at Computex, Qualcomm Atheros added several new 802.11ac solutions to its portfolio.
Read more about this topic: Qualcomm Atheros
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