Combination Doubles NVIDIA's Revenue Opportunity in Mobile Devices
SANTA CLARA, CA -- (Marketwire) -- 06/13/2011 -- NVIDIA announced today that it has completed its $367 million cash acquisition of Icera, a leading innovator of top-performing wireless modems for 3G and 4G cellular phones and tablets. Icera is now a wholly owned subsidiary of NVIDIA operating under the Icera trade name.
With the addition of Icera, NVIDIA now offers the two main processors used in smartphones -- the applications processor, in the form of the NVIDIA®Tegra® super chip, and the baseband processor, based on Icera technology. The combined offerings will help OEM customers improve their time to market and deliver the requirements of next-generation mobile computing, while approximately doubling NVIDIA's revenue opportunity within each mobile device.
For more background on the acquisition, see this recent blog entry from Phil Carmack, senior vice president of NVIDIA's mobile business unit.
NVIDIA (NASDAQ: NVDA) awakened the world to the power of computer graphics when it invented the GPU in 1999. Since then, it has consistently set new standards in visual computing with breathtaking, interactive graphics available on devices ranging from mobile phones and tablets to notebooks and workstations. NVIDIA's expertise in programmable GPUs has led to breakthroughs in parallel processing which make supercomputing inexpensive and widely accessible. The Company holds more than 1,900 issued patents worldwide, including ones covering designs and insights that are essential to modern computing. For more information, see http://www.nvidia.com.
Latest News Posts
- 'Deadpool' director Tim Miller walks from sequel
- Do you have questions for Elon Musk? Now is time to ask
- Huge cyber attack involved 10s of millions IP addresses
- Apple's iPod changed the world of music 15 years ago
- ARK: Survival Evolved update: new dinos, maps, and more
- Independence Day Resurgence 4K Blu-ray Review
- Battlefield 1 Multiplayer Gameplay Thoughts
- GA-PH67A-UD3-B3 Resume fail after suspend with Linux
- h61m-dgs gigabyte not see DDR_A1
- BSI3H-6100 long time to post
- Eurocom launches the ultrathin 15.6' Sky M5 R2 VR Ready gaming laptop with Intel Core i7 6700HQ, NVIDIA GeForce GTX 1060 (6 GB GDDR5), 4G LTE support, 64 GB DDR4 memory, 6 TB SSD storage
- ENERMAX releases Steelwing aluminum case
- ENERMAX Platimax D.F. PSU is available now
- ENERMAX launches Revolution Duo power supply with DUOFlowTM design for active ventilation
- Razer unveils new Razer Blade Pro gaming notebook