Axinn Represents Modular in $4 Billion Acquisition by Qualcomm

Axinn LLP represented Modular Inc., an AI software infrastructure company, as antitrust counsel in its $4 billion acquisition by Qualcomm Incorporated (NASDAQ: QCOM). The acquisition strengthens Qualcomm Technologies’ AI software capabilities by combining Modular’s AI-native software infrastructure platform with Qualcomm’s high-performance, energy-efficient compute solutions to accelerate generative and agentic AI across edge, cloud, and data center environments. The transaction closed on July 29, 2026.

The Axinn team was led by partner Daniel Bitton, counsel Mike DeRita, and associates Joe Nasca and Kaitlin Rittgers. 

More details about the transaction can be found here.