NVIDIA completes acquisition of Icera

Posted on Monday, Jun 13 2011 @ 23:15 CEST by Thomas De Maesschalck
NVIDIA announced it has completed its acquisition of Icera:
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(R)Tegra(R) 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.


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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