Technology

Qualcomm acquires chip design company Nuvia for $ 1.4 billion

Qualcomm on Wednesday announced the acquisition of server chip designer Nuvia for around $ 1.4 billion. Qualcomm says the acquisition of Nuvia’s processor and technology design team will help the company “meet the demands of next-generation 5G computing.”

Qualcomm plans to integrate Nuvia’s processors across its entire product portfolio, including next-generation smartphone chips and laptop processors, as well as advanced driver assistance and control systems. networking of infrastructures. Nuvia founders Gerard Williams, Manu Gulati and John Bruno, along with their employees, will join Qualcomm once the acquisition is complete.

“5G, the convergence of computing and mobile architectures, and the expansion of mobile technologies into other sectors are important opportunities for Qualcomm,” said Cristiano Amon, president and CEO of Qualcomm. “The Nuvia team is a team of proven innovators and, like Qualcomm, has a solid track record of creating cutting-edge technologies and products. Together, we are uniquely positioned to redefine IT and enable our ecosystem of partners to drive innovation and deliver a new category of products and experiences for the 5G era. “

“We’re excited to see the next generation of Snapdragon with Nuvia”

In its press release announcing the deal, Qualcomm provided a list of quotes from its partners, all applauding the tie-up of the two companies. These include Panos Panay, Microsoft Product Manager; Hiroshi Lockheimer, senior vice president of platforms and ecosystems at Google; TM Roh, president and director of mobile communications at Samsung; Lei Jun, CEO of Xiaomi as well as executives of Bosch, Continental, General Motors, HMD, Honor, HP, Lenovo, LG, OnePlus, Oppo, Panasonic, Vivo, Renault, Sharp and Vivo.

“Compute performance, connectivity and energy efficiency are essential ingredients that make billions of Android and Chrome OS devices shine,” says Hiroshi Lockheimer of Google. “The addition of Nuvia expands Qualcomm’s capabilities in all three areas, and we’re excited to see the next generation of Snapdragon with Nuvia. “

Source: .com

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