Qualcomm acquires assets

    March 1, 2004
    Qualcomm Inc has purchased assets from Alcatel Mobicom, a mobile satellite data communications systems and services provider for the European trucking

    Qualcomm Inc has purchased assets from Alcatel Mobicom, a mobile satellite data communications systems and services provider for the European trucking market and part of Alcatel Space. Qualcomm Wireless Business Solutions Europe, headquartered in the Netherlands, will service and support the customer base of Alcatel Mobicom.

    With this acquisition, Qualcomm Wireless Business Solutions Europe becomes one of the largest providers of fleet management systems across Europe. Terms of the agreement were not disclosed.
    www.qualcomm.comm

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    Gary Macklin

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