Qualcomm Atheros, an investor since 2008, has acquired chipmaker Wilocity in a deal through that enabled backers including Marvell Technology to exit.
Qualcomm Atheros, a semiconductor producing subsidiary of wireless telecommunications company Qualcomm, acquired US-based chipmaker Wilocity on Thursday for an undisclosed amount in a deal valued by online publication The Maker at $300m.
Qualcomm Atheros backed Wilocity’s $20m series C round in 2010, alongside Sequoia Capital, Benchmark Capital and Tallwood Venture Capital, and has worked closely with the company to create tri-band communications technology since 2011.
Wilocity’s $35m series D round in 2013 also featured Qualcomm Atheros, together with semiconductor manufacturer…
