2011-05-11

NVIDIA to $ 367 million acquisition of baseband technology company Icera

According to foreign media reports, NVIDIA (NVIDIA) today announced the acquisition of Icera company. Icera is designed for mobile and Tablet PC and 3G network baseband processor.
Currently, NVIDIA and Icera’s Board has approved this value respectively us $ 367 million in cash. Under the terms of the deal, throughout the acquisition process is expected to be completed within 30 days.

Icera has more than 550 patents, its high speed wireless communication products is recognized by more than more than 50 operators on a global scale. Icera company was founded in 2002, with its headquarters in the United Kingdom Bristol. Companies in 7 countries in Europe, Asia and the United States approximately 300 employees.

By Icera product and technology integration to figure Duo (Tegra) processor, NVIDIA will further consolidate its position in the fast-growing mobile phone market.

NVIDIA company after the acquisition of Icera can simultaneously provide two of the main processor in Smartphone (application processor and base-band processor), which can help our OEM customers to accelerate their pace of market access to products and launched meet the needs of next generation mobile computing devices. NVIDIA is also expected to receive double income on each device.

NVIDIA’s President and CEO said Huang Renxun, the company will continue to work with the existing base of cooperation with partners, and respect for its customers at the time of application processors and base-band processor integration options.

Tags: acquisition, baseband, company, Icera, million, Nvidia, Technology

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