Qualcomm agreed to acquire SAM Seamless Network, an Israeli cybersecurity company whose software protects home and small-business networks on behalf of internet providers, SAM announced on July 1, 2026.
The companies did not disclose the price. Globes reported that Qualcomm would pay more than $100 million, while Calcalist estimated the value at more than $150 million. SAM did not respond to Globes' request for comment.
SAM will keep operating as an independent business unit within Qualcomm, Calcalist reported. The aim is to sell SAM's software more widely through Qualcomm's global network of partners and customers, and Qualcomm expects the business to grow significantly in the coming years.
What SAM built
SAM secures the client side of communication networks: the routers and gateways in homes and the link between telecom operators and their subscribers. It sells to internet service providers, network equipment makers and other service providers, which offer the protection to their own customers.
The company says its software covers more than 15 million networks and protects and monitors about half a billion connected devices worldwide. Customers include US carriers AT&T and Verizon, Israel's Bezeq, Belgium's Telenet and Virgin Media in the UK. Its platform lets service providers detect threats on subscriber networks and respond before they spread, and Calcalist said it has been used in emergency conditions, including during major geopolitical events.
Calcalist said SAM's technology has been deployed in complex environments without degrading network performance or the user experience, and that its platform lets service providers spot advanced attacks, act before damage is done and offer a more secure and reliable service to subscribers.
Why Qualcomm is buying
Globes linked the deal to the strategy Qualcomm chief executive Cristiano Amon set out at the Computex conference in Taipei: chips that let edge devices, especially home and personal devices, run more data processing and AI workloads locally rather than in data centres. Processing more data on the device side requires stronger protection against intrusions, and SAM adds a security layer at the home network.
The purchase fits Amon's record of relatively small acquisitions, sometimes after long negotiations. Last year Qualcomm bought another Israeli company, Autotalks, for about $80 million to $90 million, after the two had signed a memorandum of understanding in 2024 for a deal of more than $300 million, according to Globes.
Globes reported that, as more data is processed on the device side, Qualcomm wants to thicken its layer of protection against disruptions and breaches. SAM's position between carriers and the devices in subscribers' homes fits that goal, since its software already sits on the networks where those devices connect.
The founders and the funding
SAM was founded in 2016 by chief executive Sivan Rauscher and Shmuel (Shmulik) Chafets, the company's vice-chairman and a partner at venture capital fund Target Global. It employs about 80 people in Israel and the United States.
The company has raised about $30 million. Its most recent round, in 2021, valued it at about $60 million, Globes reported. Seed investors about a decade ago included Blumberg Capital, Mindset Ventures and Spark Labs Group; later backers included Intel Capital, Verizon Ventures and BlackBerry. Calcalist also listed NightDragon, Ericsson and Telefónica among its investors.
Both reported price estimates are well above the $60 million valuation from SAM's 2021 round and more than three times the capital it raised.
What happens to customers
SAM will run as a separate unit inside Qualcomm, serving carriers such as AT&T, Verizon, Bezeq, Telenet and Virgin Media. Qualcomm's plan is to add new distribution on top, by offering SAM's software through its own partners and customers around the world.
Neither company said whether SAM's product will be bundled with Qualcomm hardware, whether the Israeli team will grow, or when the deal is expected to close. For Qualcomm, it is the second purchase of an Israeli company in two years, after Autotalks.
