Qualcomm snaps up NUVIA for $1.4bn to boost nextgen 5G computing
Qualcomm Technologies, Inc has agreed to buy California business NUVIA for around $1.4 billion in an ahead-of-the-curve 5G computing move.
The acquisition of Santa Clara-based NUVIA builds on Qualcomm Technologies’ Snapdragon technology leadership, delivering step-function improvements in CPU performance and power efficiency to meet the demands of next-generation 5G computing.
NUVIA comprises a proven world-class CPU and technology design team with industry-leading expertise in high performance processors, Systems on a Chip and power management for compute-intensive devices and applications.
The addition of NUVIA CPUs to Qualcomm Technologies’ already leading mobile graphics processing unit, AI engine, DSP and dedicated multimedia accelerators is designed to further extend the leadership of Qualcomm Snapdragon platforms. It positions Snapdragon as the preferred platform for the future of connected computing.
NUVIA CPUs are expected to be integrated across Qualcomm Technologies’ broad portfolio of products, powering flagship smartphones, next-generation laptops, and digital cockpits, as well as Advanced Driver Assistance Systems, extended reality and infrastructure networking solutions.
Cristiano Amon, President and CEO-Elect, Qualcomm Incorporated, said: “5G, the convergence of computing and mobile architectures, and the expansion of mobile technologies into other industries are significant opportunities for Qualcomm.
“The NUVIA team are proven innovators and like Qualcomm have a strong heritage in creating leading technology and products. I am very excited to have them join our team.
“Together, we are very well positioned to redefine computing and enable our ecosystem of partners to drive innovation and deliver a new class of products and experiences for the 5G era.”
Jim Thompson, CTO of Qualcomm added: “Creating high performance, low-power processors and highly integrated, complex SoCs are part of our DNA. Adding NUVIA’s deep understanding of high-performance design and integrating NUVIA CPUs with Snapdragon – together with our industry-leading graphics and AI – will take computing performance to a new level and drive new capabilities for products that serve multiple industries.”
As part of the transaction, NUVIA founders Gerard Williams III, Manu Gulati and John Bruno, and their employees will be joining Qualcomm.
Parent group Qualcomm has multiple offices in Cambridge UK.
• Photograph courtesy of Qualcomm.