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Qualcomm set to buy Nuvia for $1.4bn

Qualcomm Technologies has reached an agreement to buy high-performance silicon start-up Nuvia for about $1.4 billion.

According to Qualcomm the acquisition will provide “step-function improvements in CPU performance and power efficiency to meet the demands of next-generation 5G computing.”

Qualcomm said that Nuvia’s CPUs will be integrated across the company's portfolio to power flagship smartphones, next-generation laptops, digital cockpits, Advanced Driver Assistance Systems (ADAS), extended reality and infrastructure networking solutions.

“The addition of NUVIA CPUs to Qualcomm Technologies’ already leading mobile graphics processing unit (GPU), AI engine, DSP and dedicated multimedia accelerators will further extend the leadership of Qualcomm Snapdragon platforms, and positions Snapdragon as the preferred platform for the future of connected computing,” Qualcomm said.

Based in Silicon Valley Nuvia was founded in February 2019. It closed on a Series B funding round in late September 2020 that raised $240 million to support its efforts to bring its Orion SoC to market to serve data centers’ need for increasingly high-performance compute.

“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,” said Gerard Williams, CEO of Nuvia.

Author
Neil Tyler

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