NVIDIA today announced that enterprises can for the first time seamlessly deliver GPU-accelerated virtual desktops and professional-graphics applications from the cloud to any device, anytime, anywhere. By using NVIDIA GRID technology, businesses are able to realize the benefits of virtualization -- security, manageability and flexibility -- while delivering the full PC experience that users expect. Dell, HP and IBM are offering NVIDIA GRID-based servers. Citrix, Microsoft and VMware are offering NVIDIA GRID-enabled software.

"IT departments face a growing challenge: employees increasingly bring their own devices to work, and expect mobility and a great experience," said Jen-Hsun Huang, co-founder and chief executive officer, NVIDIA. "Virtualization enables them to provide secure, consistent access to company resources, but at the expense of performance and features. GRID eliminates this compromise." At the heart of NVIDIA GRID enterprise solutions are NVIDIA GRID VGX software -- a complete stack of GPU virtualization, remoting and management libraries -- and NVIDIA GRID K1 and K2 boards, which are purpose-built for demanding server environments.

NVIDIA today introduced the industry's first visual computing appliance -- enabling businesses to deliver ultra-fast GPU performance to any Windows, Linux or Mac client on their network.

The NVIDIA GRID Visual Computing Appliance (VCA) is a powerful GPU-based system that runs complex applications such as those from Adobe Systems Incorporated, Autodesk and Dassault Systèmes, and sends their graphics output over the network to be displayed on a client computer. This remote GPU acceleration gives users the same rich graphics experience they would get from an expensive, dedicated PC under their desk.

NVIDIA (NASDAQ: NVDA) today reported record revenue of $1.20 billion for the third quarter of fiscal 2013 ended Oct. 28, 2012, up 15.3 percent from the previous quarter and up 12.9 percent from a year earlier.

The company also announced that it is initiating the payment of a quarterly cash dividend, and extending its existing $2.7 billion share-repurchase program, initiated in August 2004, through December 2014.

"Investments in our new growth strategies paid off this quarter in record revenues and margins," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "Kepler GPUs are winning across the special-purpose PC markets we serve, from gaming to design to supercomputing. And Tegra is powering some of the most innovative tablets, phones and cars in the market."

Engineers and design professionals will be able to work anywhere on virtually any device and still have access to the computing and graphics performance of a GPU-powered workstation, with today's launch of the cloud-based NVIDIA VGX K2 GPU. Built on the NVIDIA Kepler architecture -- the world's fastest, most efficient GPU architecture -- VGX K2 adds unprecedented workstation capabilities to the NVIDIA VGX platform, which was announced earlier this year.

The NVIDIA VGX platform utilizes the GPU to allow enterprises to efficiently deliver virtualized workstation performance and capabilities -- including rich multimedia and 3D graphics -- to users on smartphones, tablets or PCs. Its VGX K2 board, which includes two workstation-class GPUs, enables enterprises to increase user density without sacrificing performance or application compatibility.