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Qualcomm to acquire Modular in nearly $4 billion AI software deal
June 25, 2026 /SemiMedia/ — Qualcomm said it will acquire artificial intelligence software startup Modular in an all-stock transaction valued at nearly $4 billion, strengthening its software capabilities as the company pushes deeper into AI and data center markets. Under the deal, Qualcomm expects to issue up to 19.2 million common shares to Modular shareholders. Based on Qualcomm’s latest…
