Jacobs retreats from Qualcomm takeover plans

first_imgHome Jacobs retreats from Qualcomm takeover plans Paul Jacobs, ousted as Qualcomm’s chairman in 2018 because he was trying to take the chip maker private (pictured, centre), abandoned the plan and will instead focus on his start-up XCOM, which develops 5G wireless technology.“As Qualcomm’s position changed, the conditions weren’t right to take it private…However, industry dynamics have created an opportunity for our new company XCOM to drive the development of advanced wireless technologies and we have exciting new ideas to bring to market,” The Wall Street Journal (WSJ) quoted him as saying.In April 2018, sources had said Jacobs received commitments following discussions about the move with strategic investors, sovereign wealth funds and wealthy individuals, adding to the potential of striking a deal.However, the new report by WSJ stated Jacobs was put off later in the year because Qualcomm’s valuation compared to its earnings made it less attractive.In November 2018 an ongoing spat with Apple and a $2 billion termination charge from a failed bid to acquire NXP Semiconductors cut into Qualcomm’s fiscal Q4 earnings.Meanwhile, in June 2018 Jacobs along with two other former Qualcomm executives, launched XCOM. WSJ reported it has 30 employees, with plans to add 20 more after closing a deal in March to buy M87, a start-up working to improve network performance by turning smartphones into small cell towers.XCOM plans to generate revenue by charging operators to use its technology in their apps, thereby keeping infrastructure costs low and improving network capacity. Subscribe to our daily newsletter Back AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 02 APR 2019 Paul JacobsQualcomm Related Previous ArticleShowfloor Interview: AltairNext ArticleNetwork vendors tussle for Hannover headlines Saleha Riaz Español center_img Tags Las operadoras respaldan el papel de Qualcomm en la RAN abierta Blog: How is chip shortage affecting US? Mobile Mix: AI, Android and open RAN Author Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more last_img read more

Lions beat Zagreb in thriller

first_imgShareTweetShareShareEmailCommentsRhein Neckar Lowen celebrated another thight home win at VELUX EHF Champions League. The “Lions” beat PPD Zagreb 25:24 (14:10) in the replay of the last year TOP 16 match, which was the last for the German champions.Rhein-Neckar Löwen – RK Zagreb 25:24 (14:10)Rhein-Neckar Löwen: Appelgren, Palicka  – Schmid (7/2), Sigurdsson (n.e.), Manaskov (4), Banea Gonzalez, Larsen (1), Reinkind (1), Guardiola (1), Steinhauser (7), Groetzki (n.e.), Ekdahl du Rietz (1), Pekeler (1), Petersson (2), Abt (n.e.)HC Zagreb: Skok (ab 53.), Stevanovic – Horvat (4/2), Jotic (4), Kontrec (1), Mandalinic (8), Markovic, Miklavcic (1), Sebetic (1), Sprem (1), Susnja, Josip Valcic, Tonci Valic, Vori (2), Igor Vujic, Stefan Vujic (2)STANDINGS: TOP FORM BEFORE TRIP TO COLOGNE: THW Kiel put RNL 9 goals behind 2. Paris Saint-Germain Handba…5401158:135(23)8 3. SG Flensburg-Handewitt6312149:144(5)7 4. Telekom Veszprém5221128:125(3)6 ShareTweetShareShareEmail Click to comment Recommended for you 6. Bjerringbro-Silkeborg5203132:137(-5)4 IT’S OFFICIAL: Klaus Gärtner replaces Schwalb, Sebastian Hinze form 2022! 4. THW Kiel6303154:152(2)6 Related Items:Rhein Neckar Lowen, rk zagreb German trio and Wisla Plock for EHF European League 2021 trophy 1. FC Barcelona Lassa5500146:123(23)10 8. Kadetten Schaffhausen6006157:191(-34)0 Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. 7. Orlen Wisla Plock6114149:166(-17)3last_img read more

10, 9, 8, 7, 6, 5…4G LTE Network to Launch This Month over Space Coast, Treasure Coast

first_imgThere would be a power blast in the technology warfare later this month across Florida’s Space Coast, Treasure Coast and beyond with the arrival of Verizon Wireless 4G LTE coverage and services. Verizon will launch the nation’s fastest 4G wireless network later in July in Brevard, Indian River, Saint Lucie and Martin counties. The region will join numerous other Florida markets that already offer Verizon Wireless 4G LTE (Fourth Generation/Long-Term Evolution) services. Even before this latest launch, the Verizon Wireless 4G LTE network already is available to more than 80% of Florida’s population. Nationally, Verizon Wireless 4G LTE covers two-thirds of the U.S. population in more than 300 major markets, which is six times the geographic coverage of its nearest competitor’s 4G LTE network. The Verizon 4G LTE network allows streaming videos with no buffering, or downloading and viewing full-length HD movies. Music lovers can download songs in seconds, gamers can take part in multiplayer online action, and social media buffs can upload photos and posts while on-the-go. Business owners use the efficiency and speed of the Verizon Wireless 4G LTE network to boost their bottom line. 4G LTE technology is up to 10 times faster than the company’s industry-leading 3G network. In real-world, fully loaded network environments, 4G LTE users should experience data rates of 5 to 12 megabits per second (Mbps) on the downlink and 2 to 5 Mbps on the uplink. Verizon Wireless customers looking to experience the nation’s fastest 4G network can choose from the largest selection of 4G LTE devices, ranging from tablets such as the newest iPad, mobile hotspots, Android smartphones, iPhones and many more. The Verizon 4G LTE network has earned top ratings by numerous independent consumer reporting organizations such as “Fastest Mobile Network 2012” by PC Magazine, “Fastest 4G Network Yet” by Popular Science’s 2011 Best of What’s New Awards, and ranked No. 1 on PC World’s 100 Best Products of 2011.last_img read more

Japan wraps up perfect first round

first_img GET THE BEST OF THE JAPAN TIMES GUANGZHOU, China – Japan’s women defeated France 3-1 on Wednesday to wrap up the first round of the world team table tennis championships with a flawless 5-0 record. Japan, already assured a place in Thursday’s quarterfinals after Tuesday’s 3-2 win over South Korea secured top spot in Group D, will meet either Croatia or Hungary in the last eight. Four-time national champion Sayaka Hirano gave Japan the lead after cruising to a 3-0 win over Xian Yifang in the opening match but France (1-4) leveled when Carole Grundisch came from behind to post a surprise 3-2 win over popular teenager Ai Fukuhara. IN FIVE EASY PIECES WITH TAKE 5last_img read more

Back Circle, Bent Street clash today in Futsal semis

first_imgBack Circle will oppose Bent Street while Future Stars will battle Tiger Bay in the semi-final round of the 4th annual Corona Beer Futsal Championship today at the National Gymnasium, Mandela Avenue. The Tiger Bay and Future Stars clash will occur at 22:30hrs. Tiger Bay defeated Sparta Boss in the quarterfinal round, while Future Stars upset West Front Road.The Back Circle and Bent Street fixture will be staged at 23:30hrs. Back Circle dismissed North East La Penitence in their previous match, with Bent Street defeating California Square in the earlier round.Prior to the commencement of the matches, two exhibition matches will be staged.last_img read more