SANTA CLARA, CA – Computer graphics specialist Nvidia is buying phone-chip firm Icera for US$367 million in cash.By offering the two main processors used in smart phones (the application processor and baseband processor), the combined company will help original equipment manufacturer customers both improve their time to market and deliver the requirements of next-generation mobile computing, the company said. Nvidia will also have approximately doubled its revenue opportunity within each device."This is a key step in Nvidia’s plans to be a major player in the mobile computing revolution," said president and CEO Jen-Hsun Huang, in the announcement. “Adding Icera's technology...
