Qualcomm will pay approximately $600 million for the company. It may also pay an additional $205 million in the form of cash and Qualcomm stock conditional upon the company achieving certain milestones over the next few years.
"We believe CDMA will provide the most advanced, spectrally efficient wide area wireless networks for the foreseeable future, but with Flarion we can now more effectively support operators who prefer an OFDMA or hybrid OFDM/CDMA track for differentiating their services,” said Dr. Paul E. Jacobs, CEO of Qualcomm.
Completion of the acquisition, which is subject to regulatory approval and other customary closing conditions, is expected later this year.
UK not prepared for climate impacts, says CCC
Perhaps a Longtitude prize to solve railway line problems. "extreme heat causing further disruption through rail buckling and power line...