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 NVIDIA to Wind Down Icera Modem Operations

NVIDIA to Wind Down Icera Modem Operations

Enterprise & IT May 5,2015 0

NVIDIA plans to will wind down its Icera modem operations in the second quarter of fiscal 2016, and is also open to a sale of the technology or operations. The company purchased Icera in 2011 to engage the smartphone revolution with an integrated application processor and modem platform. Since then, the company has reshaped its strategy to focus on high-growth opportunities in gaming, automotive and cloud computing applications like deep learning.

Nvidia said that the Icera 4G LTE modem meets its needs for the next year or more. Going forward, the company expects to partner with third-party modem suppliers and will no longer develop its own.

The Icera modem operation has approximately 500 employees, based primarily in the U.K. and France, with smaller operations in Asia and the United States.

Tags: Nvidia
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