Monday, 21 August 2006

Qualcomm to Buy Qualphone for USD 18 mln

Qualcomm Inc. has announced that it would buy privately held Qualphone Inc. for USD 18 million in cash to expand and strengthen its market position. Qualphone is a provider of IP-based Multimedia Subsystems (IMS) embedded client asoftware solutions for mobile devices and interoperability testing (IOT) services.

Qualcomm said the acquisition will accelerate the delivery of multimedia-capable, feature-rich 3G solutions on top of the emerging IMS and Multi Media Domain (MMD) architectures to WCDMA/UMTS and CDMA2000 markets.

Qualphone's IMS client platform provides mobile operators with a technical and commercial framework for offering services using a wide range of integrated and interactive media, voice, text, picture and video technologies. Qualphone's 3G/IP multimedia embedded client framework can be tailored to the specific requirements of individual operators and handset manufacturers, and its end-to-end IOT services help reduce time to market.

Qualcomm said the acquisition is expected to complete at the end of this month.