Monday, May 19, 2014

Qualcomm Ventures Gets Exit At BYOD Software Maker Divide

San Diego-based Qualcomm Ventures, the venture capital arm of Qualcomm, has scored an exit this morning, at bring-your-own-device (BYOD) software developer Divide. Divide said this morning that it has been acquired by Google, and will go to work on Google's Android operating system. Financial details of the acquisition were not announced. Qualcomm Ventures was an early investor in Divide, back when it was known as Enterproid. Qualcomm--along with Comcast Ventures and Google Ventures--had made an $11.0M seed investment in Divide back in 2011.