Qualcomm Technologies has entered an agreement to acquire NUVIA, which specializes in creating computing platforms, for approximately $1.4 billion. The company said the acquisition will help it enhance its Snapdragon technology leadership, deliver step-function improvements in CPU performance and power efficiency to meet the demands of next-generation 5G computing.
The pairing appears to be a perfect fit. NUVIA brings expertise in high performance processors, Systems on a Chip and power management for compute-intensive devices and applications. Combining NUVIA’s CPUs with Qualcomm’s mobile graphics processing unit, AI engine, DSP and dedicated multimedia accelerators will strengthen the latter’s leadership in the future of connected computing.
How Qualcomm will use NUVIA’s solutions
Qualcomm plans to integrate NUVIA’s CPUs into its portfolio of products to power its smartphones, next gen laptops and digital cockpits along with its Advanced Driver Assistance Systems, extended reality and infrastructure networking solutions.
“5G, the convergence of computing and mobile architectures, and the expansion of mobile technologies into other industries are significant opportunities for Qualcomm,” Qualcomm Incorporated President and CEO-Elect Cristiano Amon said in a statement. “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.”
“Creating high performance, low-power processors and highly integrated, complex SoCs are part of our DNA,” added Qualcomm Chief Technology Officer Jim Thompson. “Adding NUVIA’s deep understanding of high-performance design and integrating NUVIA CPUs with Snapdragon – together with our industry-leading graphics and AI – will take computing performance to a new level and drive new capabilities for products that serve multiple industries.”
The transaction is subject to customary closing conditions and regulatory approval. If it goes through, NUVIA founders Gerard Williams III, Manu Gulati and John Bruno, and their employees will join Qualcomm.
“CPU performance leadership will be critical in defining and delivering on the next era of computing innovation,” NUVIA CEO Gerard Williams said in a statement. “The combination of NUVIA and Qualcomm will bring the industry’s best engineering talent, technology and resources together to create a new class of high-performance computing platforms that set the bar for our industry. We couldn’t be more excited for the opportunities ahead.”
Qualcomm partners applaud NUVIA deal
As a wireless technology innovator that helps develop, launch and expand 5G, Qualcomm has created a wide variety of industry partners, including Samsung, Google, Microsoft, General Motors and HP. Many voiced their strong approval for the NUVIA acquisition.
“With NUVIA joining the Qualcomm team, we look forward to continuing to innovate and building incredible experiences together,” TM Roh, President and Head of Mobile Communications Business, Samsung Electronics said in a statement. “Qualcomm’s commitment to platform technology will help us offer the premium smartphone performance to our users around the world.”
“Compute performance, connectivity and power efficiency are critical ingredients that make the billions of Android and Chrome OS devices shine,” Hiroshi Lockheimer, SVP Platforms & Ecosystems, Google said. “The addition of NUVIA extends Qualcomm’s capabilities in these three areas and we’re excited to see the next generation of Snapdragon with NUVIA.”
Joe Dyton can be reached at email@example.com.