Qualcomm Incorporated (NASDAQ: QCOM) has completed its acquisition of Alphawave IP Group plc (AWE.L), known as Alphawave Semi, approximately one quarter ahead of schedule. The move marks a strategic step in Qualcomm’s expansion into the data center market, bringing in critical technology and talent to strengthen its AI and high-performance computing offerings. Tony Pialis, CEO and co-founder of Alphawave Semi, will lead Qualcomm’s newly expanded data center business. His leadership is expected to accelerate the integration of Alphawave’s high-speed connectivity solutions with Qualcomm’s existing portfolio. “Alphawave Semi’s expertise in high-speed connectivity technologies complements our Qualcomm Oryon CPU and Hexagon NPU processors,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “Qualcomm delivers high-performance, energy-efficient compute and AI solutions, and the addition of Alphawave’s technologies will strengthen our platforms and optimize performance for next-generation AI data centers.” Pialis welcomed the acquisition, calling it an “exciting new chapter” for Alphawave Semi. “We’re ready to bring our leadership in high-speed connectivity and custom silicon to help shape the future of data center innovation,” he said. Alphawave Semi is a global leader in high-speed wired connectivity, delivering custom silicon, connectivity products, and chiplets that enable faster, more reliable data transfer with improved performance and reduced power consumption. Its technologies are foundational to next-generation services across data centers, artificial intelligence, data networking, and data storage. The acquisition enhances Qualcomm’s ability to deliver integrated, end-to-end solutions for the rapidly growing data center market. By combining Alphawave’s connectivity innovations with Qualcomm’s Oryon CPUs and Hexagon NPUs, the company is well-positioned to meet the increasing demands of AI-driven workloads and large-scale computing environments. Qualcomm continues to build on its 40 years of technology leadership, driving innovation in AI, high-performance computing, and connectivity. Its Snapdragon® platforms power advanced consumer experiences, while Qualcomm Dragonwing™ products are designed to help businesses and industries scale new capabilities. Through partnerships and technological advancement, Qualcomm is enabling the next wave of digital transformation. Qualcomm Incorporated includes its licensing business, QTL, and the majority of its patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, oversees the company’s engineering, R&D, and product businesses, including its QCT semiconductor division. Snapdragon, Qualcomm Dragonwing, Qualcomm Oryon, and Hexagon are trademarks or registered trademarks of Qualcomm Incorporated.