@rick.merritt: yes, I agree this is a great fit for NVidia. Their latest quarterly earnings was up 8.5%, their net income was $135.2 million, so this acquisition is for less than what it earns in a year. I bet the geeks at Nvidia when they invented the GPU in 1999 didn't see this coming in 12 years down the road! Now a days the GPU does much more functionally than what it was intended to do originally.
It is impressive to note that NVidia is morphing into a much more diversified Silicon company. Why didn't Intel gobble up Icera?
It makes a whole lot of sense.
Nvidia's ARM-based Tegra parts are just the thing for tablets and high end phones (the sort that will allow you to to a phone+monitor = limited desktop).
Adding cellular IP to the mix will give them a formidable platform.
While this is late to the party for the previous geneeeration of mobiles, the specs of these parts makes them early to the party for the next gen.
Smart move by the chipmaker. It augemnts their own offerings in the portable segment but they should be careful not to step on to their customers shoes.BTW, apart from Tegra what are they doing in the CPU+GPU space? No luck so far, hmm...
nVidia got them cheaply. 550 fundamental 4G patents alone is probably worth the deal.
Some consolidation happening here. Seems competition in the integrated mobile CPU + baseband is going to get tight
Intel + Infineon WLS
Qualcomm + own 4g
Broadcom + Beceem
nVidia + Icera
Apple + ?
TI + ?
Wavesat,Sequans,Altair,STE still available for acquisition. IMO Apple/TI/Samsung should buy some of these companies to compete against others.
The acquisition is good. Spending $367m to buy a company which has been invested $200m is pretty good deal imo. What does the acquisition mean to the industry? What will be the impact to the other major players such as Qualcomm and TI?
Makes sense to me. Nvidia was lacking the baseband technology for its otherwise successful Tegra line of smartphone/tablet processors and Icera has been getting a good reputation for its baseband tech.