DLA Piper advises Qualcomm in sale of Qualcomm Life to Francisco Partners

DLA Piper represented Qualcomm in the sale of Qualcomm Life, Inc., a wholly owned subsidiary of Qualcomm Incorporated that offers end-to-end medical device connectivity, to private equity firm Francisco Partners.

Qualcomm Life will be renamed Capsule Technologies, Inc. (CapsuleTech) and will continue operating its two distinct business segments: Capsule, a leading provider of medical device connectivity solutions for hospitals, and 2net, a medical grade mobile connectivity platform.

The DLA Piper team was led by partner Jay Rains (San Diego) and included partners David Clark, Randy Socol, Mark Lehberg, Neil Balmert (all of San Diego), Bijan Eghbal, Xavier Norlain and Edouard Sarrazin (all of Paris); senior associate Stephanie Schindler (Paris); and associates Richard Bull and Anthony Taranto (both of San Diego).