Announced
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Synopsis
Qualcomm Technologies, an American multinational semiconductor and telecommunications equipment company, completed the acquisition of Cellwize Wireless Technologies, a developer of innovative mobile network automation and orchestration platform. Financial terms were not disclosed. “Global mobile operators and private enterprises are deploying 5G networks at an unprecedented pace across industries with the goal of connecting everyone and everything to the cloud. The addition of Cellwize’s best-in-class RAN automation technologies strengthens Qualcomm Technologies’ ability to drive the development of the modern 5G network – accelerating Open RAN global adoption, cloud-based cellular infrastructure innovation and 5G private network deployments," Durga Malladi, Qualcomm Technologies Senior Vice President and General Manager.
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