Yikes! Qualcomm Buying Atheros

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Tim Higgins

Qualcomm is buying Atheros for $3.1 B. Hope they don’t bury them like they have other acquisitions.

The transaction has been approved by the Qualcomm and Atheros boards of directors and is subject to customary closing conditions, including the receipt of domestic and foreign regulatory approvals and the approval of Atheros’ stockholders. The transaction is expected to close in the first half of 2011.

Analysis in this NY Times article.

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