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Qualcomm (NASDAQ: QCOM) has dominated the mobile chip market over the last decade, but handset growth is slowing, and the company is looking to the Internet of Things (IoT) as its next big business opportunity. With IoT technologies ramping up quickly and the likelihood that cementing early leadership in the space will translate into long-term benefits, the chipmaker is making some crucial acquisitions to accelerate its position in tech's next big thing.
Click through the presentation below to get up to speed on Qualcomm's Internet of Things acquisitions history, and to learn how the purchases are shaping the company's next major growth avenue.
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Keith Noonan has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Qualcomm. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.