# Qualcomm completes acquisition of Cellwize Wireless Technologies for estimated $350 million

Qualcomm Technologies announced on June 13, 2022, that it has acquired Israeli 5G network automation company Cellwize Wireless Technologies for an estimated $350 million. Cellwize's 200 employees, including 110 in its Ramat Gan development center, will receive incentive bonuses to stay.

- Type: Acquisition
- Announced: 2022-06-13
- Where: Ramat Gan, Israel
- Value: $350.0M
- Jobs: 200
- Status: completed
- Products: 5G network automation software, Radio Access Network solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Qualcomm](https://endata.com/companies/16058.md) (acquirer)
- [Cellwize Wireless Technologies](https://endata.com/companies/63419.md) (target)

## Sources

- [en.globes.co.il](https://en.globes.co.il/en/article-qualcomm-completes-cellwize-acquisition-1001414933), 2022-06-13: "US chip giant Qualcomm Technologies today announced that it has acquired Israeli 5G mobile network automation company Cellwize Wireless Technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.