Finance
UK Takeover Panel Gives Qualcomm More Time to Make Bid for Alphawave
Published by Global Banking & Finance Review®
Posted on April 29, 2025
1 min readLast updated: January 24, 2026
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The UK takeover panel has extended Qualcomm's deadline to bid for Alphawave to May 12, focusing on serdes technology crucial for AI processors.
UK Panel Extends Qualcomm's Alphawave Bid Deadline
(Reuters) -British semiconductor company Alphawave IP Group on Tuesday said the UK takeover panel has extended the deadline for a takeover offer by U.S. chipmaker Qualcomm to May 12.
Alphawave said it is in discussions with Qualcomm and, accordingly, agreed to extend the previous deadline of April 29 for the U.S. chipmaker to make a formal bid, as required by UK regulations.
The British company has been garnering takeover interest from the likes of Qualcomm and Arm for a crucial technology, known as "serdes", used for building AI processors.
Earlier this month, Alphawave had abstained from providing a financial forecast due to uncertainty stemming from the "rapidly developing nature" of U.S. tariffs.
(Reporting by Yamini Kalia in Bengaluru; Editing by Savio D'Souza)
Key Takeaways
- •UK panel extends Qualcomm's bid deadline for Alphawave.
- •New deadline set for May 12, previously April 29.
- •Alphawave's serdes technology attracts interest.
- •Qualcomm and Arm show takeover interest.
- •US tariffs create financial forecast uncertainty.
Frequently Asked Questions about UK takeover panel gives Qualcomm more time to make bid for Alphawave
1What is the main topic?
The main topic is the UK takeover panel extending Qualcomm's deadline to bid for Alphawave, focusing on serdes technology.
2Why is Alphawave attracting interest?
Alphawave is attracting interest due to its serdes technology, which is crucial for building AI processors.
3What challenges does Alphawave face?
Alphawave faces challenges from US tariffs, leading to uncertainty in financial forecasts.
