Qualcomm Completes Acquisition of NUVIA

[AleksandarK]

Qualcomm Incorporated (NASDAQ: QCOM) today 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.

"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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[Fouquin]

Some of the core engineers at NUVIA were team members on Apple's A-series SoCs. Qualcomm just got themselves a team of powerhouse low-power SoC designers.

 

[Anymal]

A-TEAM is what they ve got.

 

[Dave65]

This should be interesting.

 

[Minus Infinity]

Very interesting indeed. Let's hope authorities block Nvidia's acquisition of ARM as it's in no ones interest other than Nvidia's.

 

[watzupken]

I agree that Qualcomm got themselves a great team there. However it will still take a long time before they can crack the x86 market running Windows as well as the likes of Intel and AMD. Unlike Apple whose got a firm control of hardware, software and willing software developers to optimize apps for their ARM chips, Qualcomm don't have this luxury relying on the badly fragmented Windows ecosystem. But I am looking forward to see the results from this acquisition.