Qualcomm Buys Israeli Cyber Firm SAM Seamless Network

Qualcomm is buying Israeli cybersecurity company SAM Seamless Network, a Tel Aviv firm that protects home, small-business and telecom networks at the edge. CTech says the deal is worth more than $150 million, while Globes says Qualcomm will pay more than $100 million; a Qualcomm executive's LinkedIn statement says SAM is now part of Qualcomm and will strengthen its Connectivity, Broadband and Networking portfolio. CTech and Globes report SAM's software protects more than 500 million connected devices across more than 15 million networks, including customers such as AT&T, Verizon, Bezeq and European providers. The acquisition shows Israeli cyber talent staying strategically relevant as connected devices and AI move more security work from data centers to homes and networks.