2min chapter

Acquired cover image

Qualcomm

Acquired

CHAPTER

Irwin's Code Division Multiple Access

Qualcomm sold half of its company to a customer in order to fund the development of omnitracks. Irwin: "We all should say like, this is a tremendously deluded financing event" He says Qualcomm was two years away from making 100 million dollars and yet had to give up half the company. 'I think some people were pretty bitter about this'

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