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NVIDIA Completes Icera Acquisition

NVIDIA expands its boundaries by completing a takeover of Icera.

Rossi Fernandes|Jun 14, 2011, 18:05:44 IST

NVIDIA has announced that they just completed the acquisiton of Icera, a company best known for developing 3G and 4G modems for mobile phones and tablets. It was a $367 million deal and NVIDIA now completely owns the Icera name.

NVIDIA paid $367 million for Icera

The acquisition means that NVIDIA has two kinds of processors to offer. The first is the well-known Tegra processor that’s used for mobile devices such as phones and tablets. The other product is the Icera-powered baseband processor. The acquired technology and expertise means that NVIDIA will able to offer a wider range of products in a more efficient manner to their OEM customers. NVIDIA is confident that this will open up a whole new domain to them and it should also help boost revenue further. NVIDIA has been in the news for their dual-core Tegra processors powering the latest line of Android tablets and phones.

By Rossi Fernandes

Our resident Hardware Ninja, Rossi, lives for speed - by uhh riding his bicycle. He's Tech2's utility man, dividing his time between cameras, software and intense bouts of Quake III. He's also a fan of all things obscure, case in point, Live for Speed (sic). Never heard of it? We rest our case. In his spare time he tries to teach our new joinees the tricks of the trade even though the blood sweat and tears, but give him a camera and all things forgotten.