Qualcomm to acquire Indian-origin Apple ex-exec's NUVIA for $1.4B
Qualcomm will acquire NUVIA, a chip startup founded by Apple veterans, for approximately $1.4 billion with plans to put the firm's technology into its smartphone, laptop, and automotive processors. The transaction is subject to customary closing conditions. Under the deal, NUVIA Founders, including IIT Delhi-graduate and former Apple executive Manu Gulati, and their employees will join Qualcomm.