Thursday, August 22, 2013
Qualcomm Acquires Orb Networks
San Diego-based Qualcomm has acquired Orb Networks, a developer of media streaming hardware for a range of mobile devices. Financial details of the deal were not disclosed. Orb said in a post on its site that its technology had been acquired by "one of the large strategic partners" it has been working with. Orb did not name the buyer, however, a report from GigaOm has identified Qualcomm as the buyer, and says the acquisition actually came in May.