Today Qualcomm is announcing that the company has completed the acquisition of NUVIA, a start-up company consisting of industry veterans who were behind the creation of Apple's high-performance CPU cores, and who were aiming to disrupt the server market with a new high-performance core called "Phoenix".
The acquisition had been announced only several weeks ago in mid-January, so the whole process has been extremely speedy in terms of timeline.
"Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc., has completed its acquisition of the world-class CPU and technology design company, NUVIA for $1.4 billion before working capital and other adjustments."
Today Qualcomm even went as far as put out a concrete roadmap for new SoCs using the newly acquired IP from Nuvia:
"The first Qualcomm Snapdragon platforms to feature Qualcomm's new internally designed CPUs are expected to sample in the second half of 2022 and will be designed for high performance ultraportable laptops."
Sampling in late 2022 would require a tape-out in early 2022, and a design-in essentially as soon as possible following the acquisition today. The whole process seems extremely fast and aggressive in terms of timing, pointing out that Qualcomm is putting a lot of emphasis on the project.
