Qualcomm Incorporated is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services. Qualcomm was created on July 1, 1985 by seven former Linkabit employees led by Irwin Jacobs. 5 million in funding in order to produce the Omnitracs satellite communications system for trucking companies. Qualcomm grew from eight employees in 1986 to 620 employees dating sites washington dc 1991, due to demand for Omnitracs.
Qualcomm was operating at a loss in the 1990s due to its investment in CDMA research. In 1991, Qualcomm acquired Eudora, an email client software for the PC that could be used with the OmniTRACS system. The acquisition associated a widely used email client with a company that was little-known at the time. In 1998, Qualcomm was restructured, leading to a 700-employee layoff.
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