Qualcomm Completes Acquisition of NUVIA
Publish Date :2021/03/16
Qualcomm announced that its subsidiary, Qualcomm Technologies, Inc.,
has completed its acquisition of the world-class CPU and technology design
company, NUVIA for $1.4 billion before working capital and other adjustments on
March 16th.
“The world-class NUVIA team enhances our CPU roadmap, extending Qualcomm’s
leading technology position with the Windows, Android and Chrome ecosystems,”
said 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 integrate next generation CPUs across a wide
portfolio of products, including powering flagship smartphones, laptops, and
digital cockpits, as well as Advanced Driver Assistance Systems, extended
reality, and infrastructure networking solutions. The first Qualcomm®
Snapdragon™ platforms to feature Qualcomm Technologies’ new internally designed
CPUs are expected to sample in the second half of 2022 and will be designed for
high performance 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,” said Gerard Williams former CEO of NUVIA, who now is SVP of
Engineering at Qualcomm Technologies.
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