The projection surfaced while Qualcomm CEO Cristiano Amon was testifying to a jury in Delaware federal court about his firm's rationale for purchasing Nuvia for $1.4 billion in 2021. "It justified ...
If you haven't been following along, the crux of the issue is Qualcomm's purchase of a chip design firm called Nuvia in 2021. Nuvia was originally founded by ex-Apple chip designers to create high ...
The crux of the litigation is a clash over Qualcomm's license agreement for the use of Arm's intellectual property following Qualcomm's $1.4 billion acquisition of chip startup Nuvia in 2021.
Arm made the argument that it gave startup Nuvia a lower upfront license fee with a higher royalty rate to help the company get started in its development efforts but was granted the opportunity ...