By The Epoch Times | Created at 2026-06-25 09:47:07 | Updated at 2026-06-25 11:03:35
1 hour ago
A Qualcomm building at the company's San Diego headquarters. Alex Lee/The Epoch Times
Qualcomm, a semiconductor company best known for its snapdragon chips, will acquire AI software startup Modular for around $3.92 billion, the two companies announced Tuesday.
The San Diego-based Qualcomm expects to issue 19.2 million shares to Modular’s equity holders in the all-stock transaction.
