Qualcomm makes European investment

Qualcomm Inc. today announced the purchase of assets of Alcatel Mobicom, a mobile satellite data communications systems and services provider for the European trucking market. Qualcomm Wireless Business Solutions Europe, headquartered in The Netherlands, will now service and support the customer base of Alcatel Mobicom. Terms of the agreement were not disclosed. "Qualcomm and Alcatel will cooperate

Qualcomm Inc. today announced the purchase of assets of Alcatel Mobicom, a mobile satellite data communications systems and services provider for the European trucking market.

Qualcomm Wireless Business Solutions Europe, headquartered in The Netherlands, will now service and support the customer base of Alcatel Mobicom. Terms of the agreement were not disclosed.

"Qualcomm and Alcatel will cooperate fully to ensure that this transition is seamless for the customers that Qualcomm will now support," said Tom Armenti, vp & general manager of international operations for Qualcomm Wireless Business Solutions.

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