Qualcomm announced that its subsidiary, Qualcomm Technologies, has entered into a definitive agreement to acquire NUVIA for approximately $1.4 billion before working capital and other adjustments.
5G is further accelerating the convergence of mobility and computing. The acquisition of 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 world-class CPU and technology design team, with industry-leading expertise in high performance processors, Systems on a Chip (SoC) and power management for compute-intensive devices and applications. The addition of NUVIA CPUs to Qualcomm Technologies’ mobile graphics processing unit (GPU), AI engine, DSP and dedicated multimedia accelerators is intended to extend the leadership of Qualcomm Snapdragon platforms and position 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.
As part of the transaction, NUVIA founders Gerard Williams III, Manu Gulati and John Bruno, and their employees will be joining Qualcomm.