Qualcomm frees $ 1.4 billion to acquire a start-up specializing in chip design – ICT actualité

Qualcomm acquires Nuvia. This company has only been around for two years and was founded by former chip specialists from Apple.

Qualcomm, the world’s largest supplier of smartphone chips, is putting $ 1.4 billion on the table to take over Nuvia. This is a particularly high sum for a company that has only existed since 2019.

Nuvia focuses on chip design. The company was founded by Gerard Williams, Manu Gulati and John Bruno. Previously, they were preparing chips used by Apple in its iPhone and iPad. The company has some two hundred employees. Its founders will move to Qualcomm.

To explain the buyout and the solid amount paid, Qualcomm cites the growth of 5G, which will increasingly bring together mobility and IT. She sees the knowledge acquired by Nuvia as a next step in improving CPU performance and consumption efficiency at the 5G level.

Qualcomm does not appear to be targeting the smartphone market for Nuvia knowledge, however. It intends to use its knowledge and technology across the range: from smartphones to laptops, including vehicles, data centers and other applications.

Qualcomm, the world’s largest supplier of smartphone chips, is putting $ 1.4 billion on the table to take over Nuvia. This is a particularly high sum for a company that has only been in existence since 2019.Nuvia is focused on chip design. The company was founded by Gerard Williams, Manu Gulati and John Bruno. Previously, they were preparing chips used by Apple in its iPhone and iPad. The company has some two hundred employees. Its founders will move to Qualcomm. To explain the takeover and the solid amount paid, Qualcomm cites the growth of 5G, which will increasingly combine mobility and IT. She sees the knowledge acquired by Nuvia as a next step in improving CPU performance and consumption efficiency to 5G level, however, Qualcomm does not seem to be solely targeting the smartphone market for Nuvia knowledge. It intends to use its knowledge and technology across the range: from smartphones to laptops, including vehicles, data centers and other applications.

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