When Qualcomm beat Google to acquire chip startup led by an ex-Apple employee
Last year, Qualcomm acquired Nuvia, a startup led by ex-Apple and Google employees Gerald Williams, Manu Gulati, and John Bruno, respectively. Incidentally, Qualcomm was not the only company eyeing the chip startup founded by these former top execs of Apple and Google. Reports suggest that Google, too, wanted to acquire the company primarily for its talent. However, Qualcomm emerged as the winner with its $1.4 billion offer.
The Information reports that Nuvia made news when Apple sued the company for poaching its ‘chip talent.’ In fact, as per the report, it was then that the chip startup “eventually became a takeover target” for Google, Microsoft, Intel, and Qualcomm.