Qualcomm Bolsters AI Portfolio with Acquisition of Modular

Qualcomm has finalized its purchase of Modular, a company specializing in software frameworks for diverse hardware platforms. The acquisition is seen as a strategic move to enhance Qualcomm's AI portfolio and expand its footprint in device computing, cloud, and edge infrastructure.

The deal brings software infrastructure supporting various processor architectures, including traditional processors, graphics units, neural processing units, and specialized silicon designs. Modular's key offerings, Mojo, MAX, and Modular Cloud, will retain their original branding and continue to be developed with expanded funding and engineering resources.

Chris Lattner, a co-founder of Modular and the company's former CEO, has taken over as executive vice president overseeing Qualcomm's advanced software and platform initiatives. This move is expected to ensure continuity of Modular's engineering vision within Qualcomm's organizational structure.