Qualcomm acquires nPhase

Purchase of equipment-monitoring specialist intended to broaden Qualcomm's range of "machine intelligence" services.

Qualcomm has acquired equipment-monitoring specialist nPhase in a move intended to broaden its current lineup of machine-monitoring products.

Based in Chicago, nPhase has developed machine-to-machine (M2M) software and services for devices that track the performance of other machines in business and in industrial settings, including gas pipelines, assembly-line robots and mobile-services equipment such as cell phone towers.

The acquisition is intended to help Qualcomm expand its existing M2M wireless offerings. As part of the transaction, nPhase will continue to offer its products and services under its own brand.

"Qualcomm views this acquisition as a gateway to a new area of wireless communications and machine intelligence, which also holds additional benefits for our current markets," Joan Waltman, president of Qualcomm Wireless Business Solutions, said in a statement.

Financial terms of the deal were not disclosed.

Featured Video
6
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Apple to introduce next iPhone Sept. 9

A ton of new iPhone 6S details have hit; new strange data comes from the Ashley Madison leak; and Instagram says goodbye to the square photograph (sort of).

by Jeff Bakalar