The processor core, called Phoenix, had been ventilated for less than half a year, but it had already brought a $ 1 billion acquisition to the kitchen.
NUVIA was a new player in the IT market, so much so that they just talked about their upcoming development. However, a seed called Phoenix looks good based on data provided half a year ago, and so does Qualcomm, as it has been announced that the company will be acquired for $ 1.4 billion.
With the acquisition, NUVIA’s intellectual property, all projects under construction and the engineers employed will become the property of Qualcomm. According to the press release, the latter company wants to use the designs obtained in high-end ultramobile devices, new generation notebooks and other industrial areas.
While it is likely that Qualcomm will not move completely away from the cores of ARM Cortex, they may design their own, more powerful design for certain markets, which has obvious benefits, so they will be able to make good use of NUVIA projects. However, this will have some lead time, it will take at least two years to actually see the benefits of the current acquisition.
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