SSoftbank and Arm also showed interest in buying Alphawave.
Alphawave’s attraction is its Serdes technology.
Siemens Digital Industries Software today announced that it has signed an exclusive OEM agreement for its EDA business to bring Alphawave Semi’s portfolio of high-speed interconnect silicon IP to market through its sales channel.
Qualcomm had previously made two all-share offers for Alphawave.
Alphawave CEO Tony Pialis, said move allows Alphawave to “expand our product offerings, reach a broader customer base, and enhance our technological capabilities”.
Qualcomm CEO Cristiano Amon said Alphawave had developed “leading high-speed wired connectivity and compute technologies” which complemented Qualcomm’s CPU and NPU cores.
