Spreadtrum Communications Announces Acquisition of 85% of MobilePeak

Spreadtrum Communications announced that it has completed the acquisition of MobilePeak Holdings, Ltd, a WCDMA solution provider. At present, Spreadtrum Communications holds approximately 85% of the shares of MobilePeak and it is expected that Spreadtrum Communications will acquire all the outstanding shares of MobilePeak by the end of the year.

Established in 2005, MobilePeak has R&D centers in Shanghai, China and San Diego, USA. The company is committed to 3GPP WCDMA(3G)/HSPA(3.5G)/HSPA+ standard low-cost full-featured baseband and RF chip solutions, focusing on providing diverse data mobile communication solutions for data cards and modules and various data applications .

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