Qualcomm sells health division to private equity firm

Qualcomm Life, the health-focused division formed by Qualcomm in 2011, has been acquired by private equity firm Francisco Partners for an undisclosed sum. The company will be renamed as Capsule Technologies, a medical device connectivity firm that Qualcomm acquired in 2015 to expand its efforts in the medical space.
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Written by Developer on February 11, 2019
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