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Qualcomm invests in mobile banking

In Brief | TELECOM

November 15, 2007|From Times Wire Services

Qualcomm Inc. agreed to buy Firethorn Holdings for about $210 million in cash to expand in mobile-banking software.

Firethorn's product enables consumers to use their mobile phones to view account balances and history, pay bills and transfer funds, San Diego-based Qualcomm said.

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