Home Technology News Today Qualcomm Completes Acquisition of NUVIA

Qualcomm Completes Acquisition of NUVIA

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Qualcomm Incorporated (NASDAQ: QCOM) at present introduced that its subsidiary, Qualcomm Technologies, Inc., has accomplished its acquisition of the world-class CPU and expertise design firm, NUVIA for $1.four billion earlier than working capital and different changes.

“The world-class NUVIA team enhances our CPU roadmap, extending Qualcomm’s leading technology position with the Windows, Android and Chrome ecosystems,” mentioned Cristiano Amon, President and CEO-Elect, Qualcomm Incorporated. “The broad support of this acquisition from across industries validates the opportunity we have to provide differentiated products with leading CPU performance and power efficiency, as on-demand computing increases in the 5G era.”

Qualcomm Technologies expects to combine subsequent era CPUs throughout a large portfolio of merchandise, together with powering flagship smartphones, laptops, and digital cockpits, in addition to Advanced Driver Assistance Systems, prolonged actuality, and infrastructure networking options. The first Qualcomm Snapdragon platforms to characteristic Qualcomm Technologies’ new internally designed CPUs are anticipated to pattern within the second half of 2022 and can be designed for prime efficiency ultraportable laptops.

“We are excited to join the leading wireless innovator in the industry, driven by a common mission of inventing breakthrough technologies. Together, we will create a new class of high-performance computing platforms that set the bar for the industry,” mentioned Gerard Williams former CEO of NUVIA, who now could be SVP of Engineering at Qualcomm Technologies.



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