Qualcomm reached an agreement to buy Nuvia, a startup company founded by former Apple CPU designers to compete with Apple and Intel for $ 1.4 billion.
Qualcomm announced that it will buy Nuvia, which was founded in 2019 by three former Apple chip designers working on A series chips for the iPhone, for $ 1.4 billion. Qualcomm said the acquisition of Nuvia’s CPU and technology design team will help the company meet the demands of next-generation 5G computing.
Important purchase for Qualcomm
Qualcomm plans to integrate Nuvia’s CPUs into its entire product portfolio, including smartphone and next-generation laptop processors, advanced drive support systems, and infrastructure network systems. Nuvia’s founders Gerard Williams, Manu Gulati, John Bruno and company employees will join Qualcomm upon completion of the acquisition.
Cristiano Amon, President of Qualcomm Incorporated, said: “The merger of 5G, computing and mobile architectures, and the expansion of mobile technologies to other industries is an important opportunity for Qualcomm. I am very excited to join our team of NUVIA. Together, we want to redefine computing and encourage innovation from our partner ecosystem. and we are in a very good position to enable it to offer a new class of products and experiences for the 5G era. ” gave his statements.
Qualcomm’s press release included messages from 22 partners expressing the excitement over the merger of the two companies. These partners include Microsoft, Google, Samsung, Bosch, General Motors, HMD, HP, Lenovo, LG Electronics, OnePlus, OPPO, Renault, Sony, and Xiaomi.