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Qualcomm’s deadline for Alphawave takeover offer extended again

Published 02/06/2025, 08:20
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Investing.com -- The deadline for Qualcomm (NASDAQ:QCOM) to decide on a potential takeover offer for Alphawave IP Group has been extended for the fourth time, according to an announcement from Alphawave on Monday.

The U.K.-based semiconductor company stated that the deadline is now set for Thursday.

The ongoing negotiations between the two companies have led to multiple extensions of the deadline, which was initially set on April 29.

Qualcomm, a leading software chip manufacturer, revealed in early April that it was considering making an offer for Alphawave, but has yet to disclose any financial details.

Alphawave, however, has cautioned that there is no guarantee that a firm offer will be made or what the terms of such an offer would be.

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