Cloudflare vs Qualcomm: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: Cloudflare and Qualcomm side by side

1. 1985Qualcomm

   Qualcomm Founded

   Irwin Jacobs, Andrew Viterbi, and five colleagues found Qualcomm Incorporated in San Diego, California, initially operating as a telecommunications consulting and research firm from a converted restaurant building.

2. 1988Qualcomm

   OmniTRACS Commercial Launch

   Qualcomm commercially launches OmniTRACS, a satellite-based two-way messaging and positioning system for long-haul trucking that becomes the company's first profitable product and funds ongoing CDMA research.

3. 1989Qualcomm

   First Live CDMA Demonstration

   Qualcomm conducts its first outdoor live CDMA demonstration in San Diego, proving the technology works in real-world conditions and attracting serious attention from U.S. Cellular carriers and equipment manufacturers.

4. 1991Qualcomm

   Initial Public Offering

   Qualcomm goes public on the Nasdaq Stock Market in December 1991, raising approximately $43 million at $16 per share in an IPO that gives the company capital to accelerate CDMA commercialization.

5. 1993Qualcomm

   IS-95 CDMA Standard Adopted

   The Telecommunications Industry Association formally adopts IS-95, a CDMA standard based substantially on Qualcomm's technology, as an approved digital cellular standard in the United States validating the company's decade-long technological bet.

6. 1995Qualcomm

   First Commercial CDMA Network Launched

   Sprint PCS launches the first commercial CDMA cellular network in the United States, using Qualcomm-based technology and marking the beginning of large-scale commercial deployment that would define U.S. Wireless infrastructure for the next twenty years.

7. 1999Qualcomm

   Strategic Exit from Infrastructure and Handsets

   Qualcomm sells its network infrastructure division to Ericsson and its handset manufacturing business to Kyocera, focusing the company entirely on chip design and patent licensing a strategic concentration that defines its business model to the present day.

8. 2007Qualcomm

   Snapdragon Platform Introduction

   Qualcomm introduces the Snapdragon brand for its mobile system-on-chip processors, establishing a consumer-facing identity for its mobile silicon that would become synonymous with premium Android smartphone performance over the following decade.

9. 2009Cloudflare

   Cloudflare Founded

   Matthew Prince, Michelle Zatlyn, and Lee Holloway founded Cloudflare, building on the Project Honey Pot spam-tracking project.

10. 2010Cloudflare

    TechCrunch Disrupt Launch

    Cloudflare launched publicly at TechCrunch Disrupt in San Francisco in September 2010, offering free website protection and acceleration.

11. 2014Cloudflare

    Universal SSL and Project Galileo

    Cloudflare gave free SSL certificates to all customers with Universal SSL and launched Project Galileo to protect at-risk nonprofits and journalists for free.

12. 2017Cloudflare

    Cloudflare Workers Announced

    Cloudflare introduced Workers, a serverless platform built on V8 isolates that lets developers run code across its network.

13. 2019Cloudflare

    NYSE IPO

    Cloudflare completed its IPO on the New York Stock Exchange under the ticker NET in September 2019 at $15 per share, raising about $525 million.

14. 2019Qualcomm

    Apple Settlement and Licensing Agreement

    Following years of contentious litigation, Qualcomm and Apple reach a global settlement in April 2019 covering all pending litigation worldwide, with Apple agreeing to a multi-year chip supply deal and a licensing arrangement reportedly involving back payments…

15. 2020Cloudflare

    Cloudflare One Launched

    Cloudflare bundled its Zero Trust access, secure web gateway, and network services into Cloudflare One, its SASE platform.

16. 2021Qualcomm

    Nuvia Acquisition

    Qualcomm acquires Nuvia, a CPU startup founded by former Apple Silicon architects, for approximately $1.4 billion, bringing custom CPU design capabilities in-house that power the Oryon cores in Snapdragon 8 Elite and Snapdragon X Elite PC chips.

17. 2022Cloudflare

    Area 1 Security and R2 General Availability

    Cloudflare acquired email security company Area 1 Security for about $162 million and made R2 zero-egress object storage generally available.

18. 2023Qualcomm

    Snapdragon X Elite PC Platform Launch

    Qualcomm launches the Snapdragon X Elite and Snapdragon X Plus platforms for Windows PCs, powering Microsoft's Copilot+ PC initiative and marking the company's most significant push into personal computing since the failed Snapdragon 835 PC effort in 2017.

19. 2024Cloudflare

    Revenue Reaches $1.67 Billion

    Cloudflare reported 2024 revenue of $1.67 billion and free cash flow of $166.9 million.

20. 2024Qualcomm

    Snapdragon 8 Elite Launch

    Qualcomm launches the Snapdragon 8 Elite, its first phone chip with custom Oryon CPU cores, built on TSMC's 3nm process.

21. 2025Cloudflare

    Revenue Passes $2 Billion

    Cloudflare reported 2025 revenue of $2.17 billion (+29.8%) and closed its largest contract ever, averaging $42.5 million per year in ACV.

22. 2025Qualcomm

    Alphawave Semi Acquisition Completed

    Qualcomm completes its roughly $2.4B purchase of Alphawave Semi to accelerate data center connectivity products.

23. 2026Cloudflare

    VoidZero Acquisition and Growth Acceleration

    Cloudflare acquired VoidZero, the company behind the Vite JavaScript tooling ecosystem, in June 2026 and reported Q2 2026 revenue growth of 36%.

24. 2026Qualcomm

    Q2 FY2026 Results and $20B Buyback Authorization

    Qualcomm reports Q2 FY2026 revenue of $10.599B, record quarterly QCT automotive revenue, 20% year-over-year growth in combined QCT automotive and IoT revenue, and a new $20B repurchase authorization.

25. 2026Qualcomm

    Q3 FY2026 Results and $40B Non-Handset Target

    Qualcomm reports Q3 FY2026 revenue of $9.9B (down 4%), automotive revenue up 61% to $1.6B, and raises its FY2029 non-handset revenue target to $40B.

Acquisitions

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