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Paul Jacobs launches XCOM
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Old 13th June 2018, 07:58   #1
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Default Paul Jacobs launches XCOM

Ex-Chairman still wants Qualcomm

Last week there was a disturbance in the force. Former CEO and recent chairman of Qualcomm, Paul E. Jacobs, decided to start a new company and call it XCOM. There is little surprise that his new company is focusing on the 5G wireless technologies that will propel the next mobile revolution.

Jacobs was actively looking into an option to take the Qualcomm private, in the same way that Michael Dell did a few years back. Since Qualcomm’s market cap floats at around $90 to $100 billion, this was no easy task to achieve.

One can only imagine how Jacob’s family was upset about the fact that Broadcom wanted to acquire Qualcomm. Paul worked as the CEO of Qualcomm between July 2005 to March 2014 and as executive chairman between March 2009 and March 2018 and his father, Irwin M. Jacobs, co-founded Qualcomm and contributed to some important standards including CDMA.

https://fudzilla.com/news/network/46...-launches-xcom
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