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Qualcomm acquires NUVIA for $ 1.4 billion in its bid for Intel, AMD

Qualcomm, maker of mobile silicon chips, has announced the acquisition of CPU startup NUVIA for $ 1.4 billion, a deal that would certainly make competitors like IBM, AMD and even Apple take notice. The deal can be seen as a final compliment to outgoing CEO Steve Mollenkopf, who will retire in March after 26 years at the company.

The agreement brings with it NUVIA’s design expertise and senior leadership, made up of Apple engineers. This group was part of the team that had worked on the custom ARM CPU development for the latest MacBooks and iPhones. The deal should give Qualcomm access to several new markets and categories.

The brain behind NUVIA