Qualcomm this week announced that its subsidiary, Qualcomm Technologies has entered into an agreement to acquire NUVIA for approximately $1.4 billion before working capital and other adjustments.
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 proven 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.
