(PR) Qualcomm Completes Acquisition of NUVIA

(PR) Qualcomm Completes Acquisition of NUVIA

Qualcomm Included (NASDAQ: QCOM) nowadays introduced that its subsidiary, Qualcomm Technologies, Inc., has finished its acquisition of the planet-course CPU and know-how style and design enterprise, NUVIA for $1.four billion prior to working funds and other adjustments.

“The globe-course NUVIA workforce improves our CPU roadmap, extending Qualcomm’s major know-how place with the Windows, Android and Chrome ecosystems,” stated Cristiano Amon, President and CEO-Elect, Qualcomm Incorporated. “The broad assist of this acquisition from across industries validates the chance we have to deliver differentiated solutions with major CPU functionality and ability performance, as on-desire computing will increase in the 5G era.”

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