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Microsoft joins Qualcomm alliance

Microsoft Corp. (Nasdaq: MSFT) has joined an alliance of technology companies formed by Qualcomm Inc. (Nasdaq: QCOM) to establish standard ways for household devices like light bulbs, thermostats, security systems, garage door openers and cellphones to communicate with each other, the Reuters news agency reported on Tuesday.

The Qualcomm-backed AllSeen Alliance now has roughly 50 members, including Panasonic Corp. (OTC: PCRFY), LG Electronics Inc. (KSE: 066570.KS) and Sharp Corp. (OTC: SHCAY), focused on developing and promoting protocols for how smart devices should work together in a trend increasingly referred to as the Internet of Things, Reuters reported.

But the news agency quoted an unnamed industry source who said chipmakers that compete with Qualcomm plan to launch a rival standards consortium as early as next week.

“Like the rivalry between Betamax and VHS video formats over three decades ago, Silicon Valley is far from agreement on what standards should rule,” wrote reporter Noel Randewich.

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Qualcomm Inc.

Company Website

5775 Morehouse Dr.
San Diego, CA 92121

Company Trade Data

Stock Symbol Close
Change
Chg %Chg
Volume
52-Week
High Low
QCOM
59.91
  0.65  
+ 1.10%
8,924,775,000
78.53
52.17

Insider Trade Data

Date Insider Shares Type Value
10/05/2015 Renduchintala, Venkata S 2,700 Sell $150,066
10/05/2015 Renduchintala, Venkata S 2,700 Sell $150,066
10/01/2015 Amon, Cristiano Renno 2,737 Sell $146,621
10/01/2015 Amon, Cristiano Renno 2,737 Sell $146,621
09/11/2015 Vinciquerra, Anthony J 1,000 Purchase $54,700

Qualcomm Inc. Executive(s):

Irwin Mark Jacobs

  • Founding Chairman, CEO Emeritus

Paul Jacobs

  • Executive Chairman

Tamar Elkeles

  • Vice President

Don Jones

  • Vice President

Don Rosenberg

  • General Counsel

Mark Leslie

  • Vice President, External Affairs

Steven Altman

  • Vice Chairman

Steve Mollenkopf

  • Chief Executive Officer

Derek Aberle

  • President

Navrina Singh

  • Director of Product Management

Related Videos

Top Attorneys 2015: Andrew Newton

Aug. 10, 2015 -- Reporter Katherine Connor speaks with Andrew Newton, a patent counsel at Qualcomm Inc. and a 2015 Top Attorney, about his work in the ever-changing world of patent law.

Watch all of our Top Attorneys 2015 videos.

Similar Companies

NAICS - 334220 - Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
SIC - 3663 - ELECTRONIC COMPONENTS, NOT ELSEWHERE CLASSIFIED
SIC - 3663 - RADIO AND TELEVISION BROADCASTING AND COMMUNICATIONS EQUIPMENT

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2012