Dell Technologies Capital will exit the silicon chipmaker, which had raised $293m since it was founded less than two years ago.
Mobile semiconductor manufacturer Qualcomm agreed on Wednesday to purchase US-based silicon computing technology developer Nuvia in a $1.4bn deal that will allow computing technology provider Dell to exit.
Nuvia is developing silicon power management systems, performance processors and systems on a chip (SoC) for use in compute-intensive devices, particularly those in data centres which require large amounts of energy to operate.
The acquisition is being conducted by the corporate’s Qualcomm Technologies subsidiary, and Nuvia’s technology is expected to enhance its…
