{"id":458746,"date":"2021-03-16T09:04:35","date_gmt":"2021-03-16T13:04:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458746"},"modified":"2021-03-16T09:04:35","modified_gmt":"2021-03-16T13:04:35","slug":"qualcomm-completes-acquisition-of-nuvia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qualcomm-completes-acquisition-of-nuvia\/","title":{"rendered":"Qualcomm Completes Acquisition of NUVIA"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SAN DIEGO<\/span>, March 16, 2021<\/span> \/PRNewswire\/ —\u00a0Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc., has completed its acquisition of the world-class CPU and technology design company, NUVIA for $1.4 billion<\/span> before working capital and other adjustments.<\/p>\n

“The world-class NUVIA team enhances our CPU roadmap, extending Qualcomm’s leading technology position with the Windows, Android and Chrome ecosystems,” said Cristiano Amon<\/span>, President and CEO-Elect, Qualcomm Incorporated. “The broad support of this acquisition from across industries validates the opportunity we have to provide differentiated products with leading CPU performance and power efficiency, as on-demand computing increases in the 5G era.”<\/p>\n

Qualcomm Technologies expects to integrate next generation CPUs across a wide portfolio of products, including powering flagship smartphones, laptops, and digital cockpits, as well as Advanced Driver Assistance Systems, extended reality, and infrastructure networking solutions. The first Qualcomm\u00ae Snapdragon\u2122 platforms to feature Qualcomm Technologies’ new internally designed CPUs are expected to sample in the second half of 2022 and will be designed for high performance ultraportable laptops. \u00a0<\/p>\n

“We are excited to join the leading wireless innovator in the industry, driven by a common mission of inventing breakthrough technologies. Together, we will create a new class of high-performance computing platforms that set the bar for the industry,” said Gerard Williams<\/span> former CEO of NUVIA, who now is SVP of Engineering at Qualcomm Technologies.<\/p>\n

\n About Qualcomm<\/b>\n <\/p>\n

Qualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every\u00a03G, 4G and 5G\u00a0smartphone.\u00a0We bring the benefits of mobile to\u00a0new\u00a0industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.<\/p>\n

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries,\u00a0substantially\u00a0all of our engineering, research and development functions, and\u00a0substantially\u00a0all of our products and services businesses, including our QCT semiconductor business.<\/p>\n

\n Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated.<\/i>\n <\/p>\n

\n Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc. and\/or its subsidiaries.<\/i>\n <\/p>\n

Qualcomm Contacts:
Pete Lancia<\/span>, Corporate Communications
Phone:\u00a0 1-858-845-5959
Email:\u00a0 corpcomm@qualcomm.com<\/a><\/p>\n

Mauricio Lopez-Hodoyan, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com<\/a><\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/qualcomm-completes-acquisition-of-nuvia-301248379.html<\/a><\/p>\n

SOURCE Qualcomm Incorporated<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SAN DIEGO, March 16, 2021 \/PRNewswire\/ —\u00a0Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc., has completed its acquisition of the world-class CPU and technology design company, NUVIA for $1.4 billion before working capital and other adjustments. “The world-class NUVIA team enhances our CPU roadmap, extending Qualcomm’s leading technology position with the Windows, Android and Chrome ecosystems,” said Cristiano Amon, President and CEO-Elect, Qualcomm Incorporated. “The broad support of this acquisition from across industries validates the opportunity we have to provide differentiated products with leading CPU performance and power efficiency, as on-demand computing increases in the 5G era.” Qualcomm Technologies expects to integrate next generation CPUs across a wide portfolio of products, including powering flagship … <\/p>\n

Continue reading “Qualcomm Completes Acquisition of NUVIA”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458746","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nQualcomm Completes Acquisition of NUVIA - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qualcomm-completes-acquisition-of-nuvia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qualcomm Completes Acquisition of NUVIA - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN DIEGO, March 16, 2021 \/PRNewswire\/ —\u00a0Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc., has completed its acquisition of the world-class CPU and technology design company, NUVIA for $1.4 billion before working capital and other adjustments. “The world-class NUVIA team enhances our CPU roadmap, extending Qualcomm’s leading technology position with the Windows, Android and Chrome ecosystems,” said Cristiano Amon, President and CEO-Elect, Qualcomm Incorporated. “The broad support of this acquisition from across industries validates the opportunity we have to provide differentiated products with leading CPU performance and power efficiency, as on-demand computing increases in the 5G era.” Qualcomm Technologies expects to integrate next generation CPUs across a wide portfolio of products, including powering flagship … Continue reading "Qualcomm Completes Acquisition of NUVIA"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/qualcomm-completes-acquisition-of-nuvia\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T13:04:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA11293&sd=2021-03-16\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qualcomm-completes-acquisition-of-nuvia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qualcomm-completes-acquisition-of-nuvia\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Qualcomm Completes Acquisition of NUVIA\",\"datePublished\":\"2021-03-16T13:04:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qualcomm-completes-acquisition-of-nuvia\\\/\"},\"wordCount\":426,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qualcomm-completes-acquisition-of-nuvia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=LA11293&sd=2021-03-16\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qualcomm-completes-acquisition-of-nuvia\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/qualcomm-completes-acquisition-of-nuvia\\\/\",\"name\":\"Qualcomm Completes Acquisition of NUVIA - 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