Qualcomm eyes challenge to Apple, Intel with $1.4 billion deal for chip startup

Qualcomm eyes challenge to Apple, Intel with $1.4 billion deal for chip startup

3 years ago
Anonymous $y15ULlV7sG

https://www.reuters.com/article/us-qualcomm-m-a-nuvia/qualcomm-eyes-challenge-to-apple-intel-with-1-4-billion-deal-for-chip-startup-idUSKBN29I1OJ

Qualcomm Inc on Wednesday said it will acquire Nuvia Inc, a chip startup founded by Apple Inc veterans, for $1.4 billion, with plans to put the firm's technology into its smartphone, laptop and automotive processors.