Acquiring Company
Qualcomm Technologies
Acquired Company
Modular
Nuremberg
Palo AltoHardwareElectronicsWirelessSoftwareData And AnalyticsScience And EngineeringArtificial Intelligenceinformation technology & servicesDescription
Qualcomm has completed its acquisition of Modular Inc, enhancing its capabilities in AI software platforms. This acquisition will accelerate Qualcomm's AI initiatives across devices and data centers. Modular will continue its commitment to an open ecosystem while expanding its reach. Chris Lattner, Modular's CEO, will transition to Qualcomm as executive vice president of advanced AI software.
M&A Insights
Based on deal dataFrequently asked
Who acquired Modular?
Modular was acquired by Qualcomm Technologies, based in Nuremberg. The deal was reported on July 30, 2026. Qualcomm Technologies, Inc. is a global leader in 3G, 4G, and next-generation wireless technologies. The company is focused on enabling a new era of wireless communication through advanced semiconductor solutions. Qualcomm Technologies is privately held and operates in Hardware.
When did Qualcomm Technologies acquire Modular?
Qualcomm Technologies's acquisition of Modular was reported on July 30, 2026. Qualcomm has completed its acquisition of Modular Inc, enhancing its capabilities in AI software platforms. This acquisition will accelerate Qualcomm's AI initiatives across devices and data centers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Modular do?
But these companies, the Modular co-founders posit, show a preference for their tooling and infrastructure at the expense of the AI’s progress. It is publicly traded (MODD), operating in Software, and is based in Palo Alto.