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NVIDIA completed transaction on the purchase of icera company


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NVIDIA completed transaction on the purchase of icera company


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POSTER: computer news   ||   NVIDIA COMPLETED TRANSACTION ON THE PURCHASE OF ICERA COMPANY

DATE:2011-06-14

In first half of May NVIDIA company reported the intentions to acquire Icera - the developer of wireless connection. Later  NVIDIA representatives explained, that the production Of icera will not be integrated with its own tegra processors – this will ensure to tablets and smart phone producers flexibility in the selection of components, but in this case  NVIDIA will derive revenues from the realization of two different microcircuits types .

Yesterday on NVIDIA site appeared a press release, which notifies about the completion of transaction between this company and icera shareholders. The latter will obtain $367 ml in the form of available means, and Icera will get under the complete NVIDIA control , and the release of solutions for wireless connection   3G and 4G standards with the retention of existing trade mark will continue


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NVIDIA completed transaction on the purchase of icera company


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