Qualcomm Targets Distributed Computing Applications with NUVIA Acquisition

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By David McQueen | 1Q 2021 | IN-6081

 

Qualcomm Announces the Acquisition of NUVIA for US$1.4 Billion

NEWS


Qualcomm has entered into an agreement to acquire startup company NUVIA for approximately US$1.4 billion. Founded in 2019 by some of the key architects behind Apple’s processor cores, NUVIA is an ARM-based CPU and technology design team with expertise in high performance processors, System on Chip (SoC), and power management for compute-intensive devices and applications. As part of the transaction, NUVIA’s founders and employees will join Qualcomm.

NUVIA Acquisition to Deliver CPU Improvements to Meet the Demands of 5G Computing

IMPACT


The primary objective of the acquisition by Qualcomm is to leverage NUVIA’s industry-leading expertise, thereby providing the opportunity to augment and advance its Snapdragon platform technol...

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