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Qualcomm acquires VC-backed Wilocity

Qualcomm has acquired Wilocity, a semiconductor firm based in California and Israel. No financial terms were disclosed. Its backers included Benchmark, Sequoia Capital, Jerusalem Global Ventures, Vintage Investment Partners and Tallwood Venture Capital.

Samsung Galaxy Gear smartwatch by Brendan McDermid of Reuters

peHUB Second Opinion 9.4

In Wednesday’s Second Opinion, a Senate panel approved a military strike Syria, Samsung wants you to gear up for its smartwatch, Qualcomm prefers that you take a Toq, and you may be able to keep your shoes on the next time you get screened at the airport.

Summit Microelectronics Acquired By Qualcomm

Qualcomm Inc. said it acquired Summit Microelectronics, a developer of programmable power integrated circuits based in Sunnyvale, Calif. No terms were disclosed. The company has a long list of venture backers, including Bessemer Venture Partners, Norwest Venture Partners, CID Group, HLM Venture Partners, Nokia Growth Partners, August Capital Management and FirstMark Capital, according to data […]

ip.access Raises $15 Million

Cambridge based small cell innovator, ip.access has closed a new round of funding, raising some $15 million. The company’s existing investors Amadeus Capital Partners, Cisco, Intel Capital, Qualcomm, Rothschild & Cie Gestion, Scottish Equity Partners and TE Connectivity all participated in the funding and re-affirmed their commitment to the small cell market. PRESS RELEASE Cambridge […]

Bidders Line up for InterDigital

(Reuters) – Apple Inc, Nokia and Qualcomm Inc are among several technology companies pondering bids for InterDigital Inc, sources familiar with the situation said. The auction of the wireless telecommunications specialist — expected to be heavily contested as giant tech companies fight to shore up patent portfolios — will be postponed from next week until […]

Cavendish Kinetics Adds $10M

San Jose, Calif.-based Cavendish Kinetics has sealed $10 million in fresh capital, and added Qualcomm Inc. to its list of investors. Tallwood Venture Capital, Wellington Partners Venture Capital and other, unnamed investors joined Qualcomm in the latest round for the fables semiconductor company. The new money will help with production of its RF Tuning products, the company said Tuesday.

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A Bunch of Twits

It’s safe to say all those ancillary add-on Twitter photo apps will not be enjoying the “Tweetdeck tweetment.”

The mega micro-messaging company didn’t really need to buy Tweetdeck last month; but the $40 million-$50 million Twitter spent acquiring the software application that organizes tweets allowed it to snap up engineering talent as the company’s own CTO was exiled and it bolted on technology it will likely need later. The Tweetdeck deal probably also….

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Livescribe Joins the $100M Venture-Backed Club

You wouldn’t know the IPO market remains so sluggish — not by the new $39 million Series C just closed by Livescribe, the Oakland-based maker of two so-called smartpens, the Echo and Pulse. The round — led by Crosslink Capital, with participation from Scale Venture Partners, Qualcomm, TransLink Capital, Presidio Ventures, Keating Capital and existing investors VantagePoint Venture Partners, Lionhart, and Aeris Capital – not only enticed an almost ridiculous number of investors; it brings the company’s total funding to a stunning $100 million. Livescribe is just three years old.

Qualcomm Buys Digital Fountain

Qualcomm has acquired certain assets of Digital Fountain Inc., a Fremont, Calif.-based provider of content delivery systems. No financial terms were disclosed. The remaining Digital Fountain employees, including company founder and CTO Michael Luby, will work out of Qualcomm’s Santa Clara facility. Digital Fountain had raised over $60 million in VC funding from firms like Granite Ventures and Matrix Partners. www.digitalfountain.com

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