Tag: Modular

Qualcomm is making a more aggressive move into the AI infrastructure race with its planned acquisition of Modular Inc. for about $3.9 billion in stock. The deal adds AI software capabilities to Qualcomm’s portfolio and gives the chipmaker a stronger foothold in the fast-growing market for AI workloads across data centres, cloud environments and edge devices. The acquisition is also a signal of how chipmakers...

Rashi Peripherals is moving into a new phase of growth with its planned acquisition of a controlling stake in VDA Infosolutions, a deal that signals a clear shift from distribution-led business to services-led enterprise technology. The transaction gives RP Tech a stronger foothold in cloud, cybersecurity, digital infrastructure and managed services, areas that are becoming increasingly central to enterprise IT spending in India. The company...