Alphawave IP Group

Qualcomm Incorporated completed its acquisition of Alphawave IP Group plc (Alphawave Semi) on December 18, 2025, approximately one quarter ahead of schedule. The deal aims to accelerate Qualcomm's expansion into the data center.

Alphawave IP Group acquired Banias Labs, an Israel-based optical DSP chip developer for data centers, for approximately $240 million. The acquisition strengthens Alphawave's optical DSP silicon product roadmap.