Qualcomm Announces the Acquisition of NUVIA for US$1.4 Billion

NEWS

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Qualcomm has entered into an agreement to acquire startup company NUVIA for approximately US$1.4 billion. Founded in 2019 by some of the key architects behind Apple’s processor cores, NUVIA is an ARM-based CPU and technology design team with expertise in high performance processors, System on Chip (SoC), and power management for compute-intensive devices and applications. As part of the transaction, NUVIA’s founders and employees will join Qualcomm.

NUVIA Acquisition to Deliver CPU Improvements to Meet the Demands of 5G Computing

IMPACT

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The primary objective of the acquisition by Qualcomm is to leverage NUVIA’s industry-leading expertise, thereby providing the opportunity to augment and advance its Snapdragon platform technol...

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