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Qualcomm announces Nuvia acquisition plan


Qualcomm announces Nuvia acquisition plan
Mobile chip giant makes strategic acquisition to augment technology roadmap to redefine compute performance for next-generation devices
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Published: 14 Jan 2021 15:25
As chip giant Qualcomm continues to prepare for its change in executive leadership, aiming to take advantage of opportunities in the 5G space, it has revealed that it has entered into a definitive agreement to acquire silicon design firm Nuvia.
Nuvia describes its mission as “to reimagine silicon in a new way and create computing platforms that redefine performance for the modern datacentre”. It specialises in CPU and technology design, claiming industry-leading expertise in high-performance processors, systems on a chip (SoC) and power management for compute-intensive devices and applications. ....

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Startup run by ex-Apple engineers sells for $1.4bn


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.
The inception of Nuvia is still subject to a legal dispute between Apple and Williams, who is accused of starting the company while still employed by the iPhone maker. Williams had a countersuit objecting to the claim, but that was rejected by a California court. Williams has also claimed that Apple has tried to headhunt Nuvia employees as part of an anti-competitive campaign against him. ....

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Qualcomm will pay $1.4 billion for startup founded by ex-Apple employees


Reuters
Nuvia chips will be incorporated across Qualcomm s products including smartphones and next-generation laptops.
 
Qualcomm Technologies has announced it will acquire Nuvia, a two-year-old chip startup company established by former Apple executives, for $1.4 billion.
The California-based chipmaker said Wednesday it plans to use Nuvia s technology in its flagship smartphones, next-generation laptops, auto components and other electronics gear.  
The acquisition agreement comes as Qualcomm doubles-down on chip performance and consumer demand grows for more powerful mobile computing with the rollout of the faster and more reliable 5G wireless networks. 
It also comes during a period of change at Qualcomm. Earlier this month, the company announced Steve Mollenkopf was retiring as CEO and will be replaced by current President Cristiano Amon. Mollenkopf has worked for the chip-making giant for 26 years, and became CEO in 20 ....

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