Qualcomm Moving In On Wilocity

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Tim Higgins

Qualcomm / Wilocity logoQualcomm is reported be in discussions to buy WiGig chip company Wilocity.

Israeli financial site TheMarker reported on Saturday that the price being discussed is in the neighborhood of $300M, but terms have not been settled.

Wilocity announced a partnership with Atheros back in 2010 and Qualcomm purchased Atheros in 2011. So if the deal goes through, Qualcomm will have yet another arrow in its wireless technology quiver.

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