Qualcomm Inc. has acquired Summit Microelectronics. Qualcomm's power management roadmap will be significantly enhanced with the addition of Summit's expertise and products. Qualcomm will be able to offer a robust portfolio which will address a broader set of customers and complex design challenges as a result of the acquisition. All employees of Summit Microelectronics have joined Qualcomm's CDMA Technologies division.
Steve Mollenkopf, President & COO, Qualcomm said, "Summit Microelectronics brings key expertise, technology, products, and design wins in battery charging and DC-DC converters. 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."
