Wednesday, January 13, 2021

Qualcomm Acquires NUVIA

San Diego-based Qualcomm announced on Wednesday that it has acquired NUVIA, a company that develops next general CPU designs. Qualcomm said it will pay approximately $1.4 billion before working capital and other adjustments. Qualcomm said it will use the acquisition of NUVIA to help bolster its Snapdragon technology. The company said the NUVIA has Systems on a Chip (SoC) expertise, experience in high performance processors, and more. NUVIA is based in Santa Clara, California.