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Qualcomm acquires Modular for AI software expansion

PUBLIC · QCOMJul 01, 2026•8 days ago

Acquiring Company

Qualcomm

Acquired Company

Modular

San DiegoPalo AltoOtherManufacturingHardwareMobileWirelessSoftwareData And AnalyticsScience And EngineeringArtificial Intelligenceinformation technology & services

Description

Qualcomm is set to acquire AI startup Modular in an all-stock deal valued at approximately $3.92 billion. This acquisition aims to enhance Qualcomm's position in the AI infrastructure market by providing a software layer that allows developers to efficiently run AI models across various chips. The deal is expected to close in the second half of 2026, marking a significant move in the competitive AI landscape.

Company Information

Company

Qualcomm

Location

San Diego, California, United States

About

Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research, and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon, Snapdragon Digital Chassis, and Snapdragon Ride are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Snapdragon, Snapdragon Ride, and Digital Chassis are trademarks or registered trademarks of Qualcomm Incorporated.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.