Reported 1 day ago
Qualcomm announced its acquisition of Arduino to enhance its presence in the edge computing sector, moving away from its dependence on the smartphone market. The deal will allow Qualcomm to leverage Arduino's open-source technology and community to innovate in various applications, from IoT devices to smart home solutions. This acquisition follows Qualcomm's previous investments in edge computing, as it aims to diversify its product offerings amidst a stagnant smartphone market.
Source: YAHOO