"SAN DIEGO, Nov. 14 /PRNewswire-FirstCall/ -- Qualcomm Incorporated , a leading developer and innovator of Code Division Multiple Access (CDMA) and other advanced wireless technologies, today announced it has agreed to acquire Atlanta-based Firethorn Holdings, LLC, an industry-leading mobile banking enabler. The addition of Firethorn's expertise in the financial industry and key relationships with wireless operators, financial institutions and payment processors supports Qualcomm's broader strategy to enable end-to-end wireless services that enhance the mobile experience and to deliver compelling applications that drive increased consumer adoption of new mobile data services. Qualcomm will pay approximately $210 million in cash for Firethorn. Completion of the acquisition, which is subject to certain closing conditions, is expected within 30 days. Click to read the full article.
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