Qualcomm, a behemoth in mobile chip design (namely its Snapdragon silicon), announced on Wednesday that it has entered into a definitive agreement to acquire NUVIA for about $1.4 billion, before factoring in working capital and other adjustments. The massive purchase, if it clears regulatory hurdles, provides an inroad for Qualcomm to make another spirited run at the server market (if it choose to go that route). But that's not all.
In announcing the deal, Qualcomm kept any plans in the server space close to the vest, and instead focused on what this transaction means for its efforts in 5G communications and mobile SoCs in the consumer space.
All of those sectors are beneficiaries of the 5G movement that is currently underway. 5G connectivity has the potential to deliver transformative experiences. For that to happen, wireless carries have to continue fleshing out their 5G networks, and on the hardware ...
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