Qualcomm (QCOM) Closes Wilocity Acquisition

Qualcomm Incorporated (Nasdaq: QCOM) announced that it has taken two major steps to enable the industry to deliver multi-gigabit wireless with 60 GHz technology for mobile, computing and networking devices. First, Qualcomm has completed its acquisition of Wilocity, a leader in development of 60 GHz wireless chipsets based on the IEEE 802.11ad standard, also known as WiGig technology. Second, the company is delivering a family of tri-band platforms that combine Qualcomm Atheros, Inc.’s Wi-Fi and WiGig solutions to significantly increase performance and enable cutting-edge wireless applications. The initial tri-band platform is a reference design based on the Qualcomm Snapdragon 810, which is the world’s first mobile platform designed to support WiGig to enable applications such as 4k video streaming, peer-to-peer content sharing, networking, wireless docking, and backing up entire media libraries in seconds. The Qualcomm® Snapdragon™ 810 processor is a product of Qualcomm Technologies, Inc.

Mobile data traffic is expected to grow significantly in the coming years and Qualcomm and its subsidiaries are charging ahead to meet this demand with a combination of wireless innovations. While 802.11ac enables Gigabit Wi-Fi networks to offload mobile traffic, 60 GHz technology brings multi-gigabit speeds, significant capacity improvements, and power efficiency that are integral to meeting the challenges posed by next generation media applications. With the integration of WiGig into its mobile platforms, Qualcomm will enable mobile devices to provide near-instantaneous access to the cloud, and allowing for greater cellular network offload. 802.11ad also extends the Qualcomm® VIVE™ portfolio, and builds on the company’s recent initiatives to revolutionize Wi-Fi networks with11ac 2.0 solutions with MU-MIMO.

Qualcomm’s mobile and networking innovation, combined with Wilocity’s position in 60 GHz technology, are designed to provide the needed coverage, performance, capacity and compatibility to enable the next generation of home and business networks. 60 GHz technology complements traditional Wi-Fi with zones of ultra-high-speed connectivity, while expanding the wireless use cases for high-end mobile, computing and consumer electronics devices. Tri-band Wi-Fi solutions from Qualcomm Atheros integrate the multi-gigabit performance of 802.11ad operating in the 60 GHz spectrum band along with 802.11ac that operates in the 5 GHz band and 802.11b/g/n in the 2.4 GHz band. In combination, 11ad and 11ac create the most powerful and efficient wireless solution in the market; coupling the whole home coverage of 11ac with the in-area multi-gigabit connectivity of 11ad will provide users with a superior connected experience.

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Jacob Foyer is a stock analyst with The Downtown Leader. If you have a great story idea for Jacob Foyer, you can write at [Jacob.Foyer@downtownleader.com ].

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