Qualcomm Buys Buzzy Chip Startup Modular for Almost $4 Billion
Qualcomm will purchase the Silicon Valley chip startup Modular for almost $4 billion. The businesses introduced the acquisition on Wednesday; Qualcomm said it expects to subject as much as 19.2 million shares of widespread inventory within the deal, which works out to only below $4 billion primarily based on the corporate’s final closing share value….