Qualcomm (NASDAQ: QCOM) today announced that its subsidiary Qualcomm Technologies has reached a definitive agreement to acquire NUVIA for approximately $1.4 billion, after deducting working capital and other adjustments.The transaction is subject to customary closing conditions, including regulatory approval under the revised Hart-Scott-Rodino Antitrust Improvement Act of 1976.
5G further accelerates the integration of mobility and computing.The acquisition of NUVIA is based on Qualcomm Technologies' leading position in Snapdragon technology, which improves CPU performance and power efficiency step functions, thereby meeting the needs of next-generation 5G computing.
NUVIA consists of a proven world-class CPU and technical design team, with industry-leading expertise in high-performance processors, system-on-chip (SoC), and power management and other computationally intensive devices and applications.The addition of NUVIA CPU to Qualcomm's already leading mobile graphics processing unit (GPU), artificial intelligence engine, DSP and dedicated multimedia accelerator will further expand the leadership of Qualcomm's Snapdragon platform and position Snapdragon as the preferred platform for interconnected computing in the future.
NUVIA CPU is expected to be integrated into Qualcomm's broad product portfolio to power flagship smartphones, next-generation laptops and digital cockpits, as well as advanced driver assistance systems, extended reality and infrastructure network solutions.
Cristiano Amon, President and Chief Executive Officer of Qualcomm, said: "5G, the integration of computing and mobile architecture, and the expansion of mobile technology to other industries are major opportunities for Qualcomm." The NUVIA team is a recognized innovator and, like Qualcomm, has a long tradition in creating leading technologies and products.I am very excited to have them join our team.Together, we are very capable of redefining computing and enabling our partner ecosystem to drive innovation and provide a new class of products and experiences for the 5G era. "
Jim Thompson, CTO of Qualcomm, said: "Creating high-performance, low-power processors and highly integrated complex SoCs is our DNA."Increase NUVIA's deep understanding of high-performance design, and integrate NUVIA CPU with Snapdragon, coupled with our industry-leading graphics and AI, will bring computing performance to a new level and serve multiple industries Products bring new features."
As part of the transaction, NUVIA founders Gerard Williams III, Manu Gulati and John Bruno and their employees will join Qualcomm.
NUVIA CEO Gerard Williams (Gerard Williams) said: "In the era of defining and delivering next-generation computing innovation, CPU performance leadership is critical." The combination of NUVIA and Qualcomm will bring together the industry's best engineering talents, technology and resources to create a new type of high-performance computing platform, which sets a benchmark for our industry.We are excited about the upcoming opportunities. "
Qualcomm’s extensive partner ecosystem strongly supports this acquisition:
Microsoft: "It is great to see NUVIA join the Qualcomm team.Our cooperation with Qualcomm has always been to provide an excellent experience for our products.Moving forward, we have an incredible opportunity to support customers throughout the Windows ecosystem," said Panos Panay, Microsoft's chief product officer.
Google: "Computing performance, connectivity and energy efficiency are the key factors that make billions of Android and Chrome OS devices shine," said Hiroshi Lockheimer, senior vice president of Google Platforms and Ecosystems.The addition of NUVIA expands Qualcomm's functions in these three areas. We are very happy to see the next generation of Snapdragon with NUVIA. "
Samsung: "As NUVIA joins the Qualcomm team, we look forward to continuing to innovate and jointly create incredible experiences. Qualcomm’s commitment to platform technology will help us provide premium smartphone performance to our users around the world, said:" ΤMediumPresident Roh Moo-hyun and head of mobile communications business, Samsung Electronics, etc.
Acer: "Together with Qualcomm, we provide a new generation of thin and light PCs and Chromebooks that are always connected.The acquisition of NUVIA will enable Qualcomm to continue to enhance Snapdragon's leading position in the industry, and help Acer continue to innovate and bring high-performance 5G connected devices to global customers. "Said James Lin, General Manager of Acer IT Products Business Notebook.
Asus: "For many years, we are very happy to cooperate with Qualcomm to provide high-quality smartphones, such as our flagship ROG Phone for gaming, and PCs powered by the outstanding performance and connectivity of the Snapdragon platform.As Qualcomm advances and increases NUVIA's capabilities, we are excited about the future of the partnership. "ASUS Co-CEO SY Hsu said.
Bosch: "The automotive industry is developing at an unprecedented rate of innovation.Bosch believes that the adoption of new in-vehicle services and functions is the main driver of growth.Qualcomm is our strong partner.We see the demand for high-performance and energy-efficient platforms and appreciate Qualcomm's ambition to further expand the scope of innovation. "Bosch Infotainment and Connectivity Senior Vice President Dr. Andree Zahir said.
Continental Group: "Continental is looking forward to the addition of NUVIA because we will continue to work with Qualcomm to bring advanced features to the next generation of vehicles," said Peter Popp, Continental's director of vehicle network and information procurement.
General Motors: "We look forward to NUVIA joining the Qualcomm team because we will continue to work together to provide customers with our next-generation vehicles with advanced in-vehicle services and technologies," said Dan Nicholson, vice president of global electrification control, GM's SW & Electronics.
HMD: "Qualcomm has always been a world-class partner, and our continued cooperation has enabled HMD to bring unique mobile device innovations to the market and fulfill the Nokia brand's promise of being reliable, always safe and lasting.We are excited about the NUVIA team joining Qualcomm and congratulate the company for its commitment to ensuring that Snapdragon continues to be the industry’s leading mobile platform. "HMD CEO Florian Seiche said.
honor: "As a new independent company committed to bringing breakthrough mobile experiences to consumers, we are very pleased to see that Qualcomm will acquire NUVIA, so that they can continue to lead the development and delivery of the outstanding Snapdragon mobile platform to the market." Wan, Chairman of Honor Equipment Co., Ltd.
HP: "HP and Qualcomm have always been strong partners to meet the needs of our common personal system customers. The most recent one was launched at CES on the world's first forward-pushable business convertible Elite Folio," said Alex, President of Personal Systems Cho said. Hewlett-Packard Company. "Personal computers are more important than ever, and we are delighted to see the industry and Qualcomm investing in innovation to support the needs of the 5G world."
Lenovo: "Through Qualcomm, we delivered the world's first 5G connected PC.When we hope to create the advanced features that PC users need, we are very happy that NUVIA's world-class CPU development team has joined Qualcomm, and we look forward to continuing to cooperate to provide a breakthrough PC experience for users worldwide. "Gianfranco Lenovo President and Chief Operating Officer Lanci.
LG Electronics: "Due to the adoption of new in-vehicle services and features supported by technology partners such as Qualcomm, the pace of innovation in the automotive industry continues to accelerate.Jin-Yong Kim, President of LG Automotive Components Solutions (VS), the newly added NUVIA team will enable Qualcomm to continue to integrate computing and connected ECUs into high-performance, energy-efficient platforms, thereby further pushing the boundaries of innovation . Electronic company
LG Mobile: "Congratulations to Qualcomm and NUVIA for jointly creating a new platform that will promote the development of computing performance and connectivity," said Morris Lee, president of LG Mobile.
OnePlus: "We are very pleased to hear that Qualcomm has expanded its leadership in the industry's leading Snapdragon mobile platform by acquiring NUVIA's world-class CPU team. OnePlus fans are also happy to see what kind of innovations and new premium experiences we can provide on the new flagship One Plus devices using the next-generation Snapdragon mobile platform,” said Laupe Lau, founder and CEO of OnePlus.
OPPO: "As NUVIA joins the Qualcomm team, we hope to continue to innovate together and build incredible devices powered by the Snapdragon mobile platform.Qualcomm's commitment to platform leaders will enable us to provide innovative new products and experiences to OPPO smartphone users worldwide," said OPPO founder and CEO Tony Chen.
Matsushita: "Innovation in the automotive market is accelerating.We welcome Qualcomm to join the world-class NUVIA team and look forward to long-term cooperation with you. Said Masashige Mizuyama, Chief Technology Officer of Panasonic Corporation Automotive.
Renault: "The automotive industry is at the forefront of leveraging the advantages of mobile technology innovation in high-performance computing and connectivity, and Qualcomm is always at the forefront.Welcome to join NUVIA, because we will continue to cooperate with Qualcomm to provide world-class car service and experience. Said Thierry Cammal, Vice President of Alliance Global Software Factory.
Sharp: "With Qualcomm's expertise and leading technology, we are able to provide the most advanced equipment and quality mobile experience. We welcome to join NUVIA to expand Qualcomm's leadership position and enhance its capabilities," said Shigeru Kobayashi, general manager of Sharp Personal Communications Group .
Sony: "For many years, we have maintained a good cooperative relationship with Qualcomm and I am very happy to hear that the NUVIA team will join Qualcomm. As a leader in providing excellent cameras and gaming experience on mobile devices, we understand that to continue to lead will require only Snapdragon The next generation of high-performance, low-power computing and connectivity solutions that can only be provided by the platform." said Mitsuya Kishida, president of Sony Mobile Communications.
VIVO: "Qualcomm’s Snapdragon platform powers millions of VIVO phones worldwide today, and the addition of NUVIA will help Qualcomm continue to maintain its leading position, providing ultimate high-performance computing, lightning-fast 5G connectivity and industry-leading energy efficiency. "Shen Wei said. , CEO of VIVO.
Xiaomi: "Xiaomi and Qualcomm have worked together for more than ten years to provide millions of people with world-class quality mobile experiences.The addition of NUVIA will expand Qualcomm's leading position in the Snapdragon platform industry, thereby helping Xiaomi continue to bring innovation and a higher level of high-end mobile experience to Xiaomi fans worldwide. "Xiaomi Chairman and CEO Lei Jun said.
About Qualcomm
Qualcomm is the world's leading wireless technology innovator and a driving force for 5G development, release and expansion.When we connected the phone to the Internet, the mobile revolution was born.Today, our basic technology supports the mobile ecosystem and can be found in every 3G, 4G and 5G smartphone.We are bringing the benefits of mobility to emerging industries including automobiles, the Internet of Things, and computing, and are leading the way to a world where everyone and everyone can communicate and interact seamlessly.
Qualcomm includes our licensing business, QTL and most patent portfolios.Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, and its subsidiaries operate almost all of our engineering, research and development functions, and almost all of our products and services, including the QCT semiconductor business.
About NUVIA Inc. NUVIA
Headquartered in Santa Clara (Santa Clara), its mission is to reimagine the chip design for high-performance computing environments.The company focuses on building products that incorporate the best attributes of computing performance, power efficiency, and scalability.For more information, please visitwww.nuviainc.com.