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Qualcomm Acquires Texas Company

Qualcomm Inc. has acquired Black Sand Technologies Inc., a small fabless semiconductor company based in Austin, Texas.

Qualcomm acknowledged the acquisition but declined further comment, and did not give terms of the deal. Black Sand said it was acquired June 18.

Black Sand received $28.2 million in venture capital since its founding in 2005, according to Tech Crunch’s CrunchBase website. The business had financial backing from Austin Ventures and North Bridge Venture Partners. Both investors participated in its $10 million series C venture round in February 2012.

Black Sand’s specialty is mixed-signal semiconductors. In a 2012 announcement, the company said it was producing power amplifiers for 3G phones and tablets.

The Austin Business Journal reported that Black Sand had 12 employees in 2012.

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