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 https://www.nvidia.com.
Latest News Posts
- PowerColor teases Radeon RX Vega Nano prototype
- AMD teases Ryzen 7 2800X, could be a 10C/20T beast at 4GHz+
- Xbox One could soon have 120Hz high refresh rate option
- Valve picks up Campo Santo, Firewatch developer
- Gearbox CEO addresses current Borderlands 3 rights rumors
- FS 40 Pieces Samsung Galaxy S9+ (www.BizFests.com) 128GB $8,520
- Legacy Mode
- Possible Router Issues
- ADATA Premier Memory Cards
- Can't complete BIOS recovery
- Micron Launches Industry's First Enterprise SATA Solid State Drives Built on Leading 64-layer 3D NAND Technology
- Micron, Rambus, Northwest Logic and Avery Design to Deliver a Comprehensive GDDR6 Solution for Next-Generation Applications
- Toshiba Memory America Unveils UFS Devices Utilizing 64-Layer, 3D Flash Memory
- ASUS Announces GeForce GTX 1070 Ti Series Gaming Graphics Cards
- ASUS Announces ASUS Hangouts Meet Hardware Kit