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

Sign up to our Newsletter

Receive updates from our PE HUB Wire and Top Stories of the Week newsletters:

We will not send you spam, and we don't share your email address with 3rd parties.