#Latest news with #WeiliDaiBloomberg10 hours agoBusinessBloombergBillionaire Dai to Reap $237 Million Windfall From Qualcomm DealWeili Dai has built a career helping turn tech startup after tech startup into successful ventures. The serial entrepreneur is now poised to pocket a windfall from one of them: $237 million from the pending sale of Alphawave IP Group Plc to Qualcomm Inc. Dai holds a 96.3 million-share stake in the London-listed semiconductor firm, making her its second-largest shareholder. Qualcomm agreed earlier this month to buy Alphawave for about $2.4 billion in cash, in a deal expected to close in the first quarter of next year.
Bloomberg10 hours agoBusinessBloombergBillionaire Dai to Reap $237 Million Windfall From Qualcomm DealWeili Dai has built a career helping turn tech startup after tech startup into successful ventures. The serial entrepreneur is now poised to pocket a windfall from one of them: $237 million from the pending sale of Alphawave IP Group Plc to Qualcomm Inc. Dai holds a 96.3 million-share stake in the London-listed semiconductor firm, making her its second-largest shareholder. Qualcomm agreed earlier this month to buy Alphawave for about $2.4 billion in cash, in a deal expected to close in the first quarter of next year.