QCOM · News · 20260920N

Acquisition / Partnership / Divestiture

QUALCOMM INC/DE · 2026-09-20 · Importance 71 · Surprise 60 · In source text

Qualcomm completed its acquisition of Modular Inc. on July 28, 2026. The transaction was valued at approximately $3.1 billion based on Qualcomm’s closing stock price on that date. Consideration was primarily paid in Qualcomm shares, and the updated valuation was sourced from Qualcomm’s fiscal 2026 third-quarter Form 10-Q filing. The reported value exceeds the company’s $298 million revenue materiality threshold and $1.721 billion asset materiality threshold.

Key facts

• Qualcomm has completed its acquisition of Modular Inc. for approximately $3.1 billion. source
• This updated valuation of approximately $3.1 billion was sourced from Qualcomm's FY26 Q3 10-Q filing and revises Dealroom's previous estimate of $4.0 billion for the transaction. source
• The approximately $3.1 billion valuation is based on the closing price of Qualcomm stock on July 28, 2026 and the deal was primarily paid in Qualcomm shares. source
• Shares of Qualcomm Incorporated dropped 5.8% on Friday. source
• Approximately 54,296,814 shares changed hands during trading, an increase of 245% from the average session volume of 15,730,031 shares. source
• Qualcomm traded as low as $175.97 and last traded at $177.72. source
• The stock had previously closed at $188.71. source
• Qualcomm is a diversified semiconductor leader with dominant positions in mobile, automotive, and wireless licensing. source

Impact estimates