Nvidia on Monday said it had agreed to acquire baseband processor maker Icera for US$367 million in cash, a move that could help Nvidia expand its reach in the mobile market.

Nvidia in a statement said the acquisition will allow the company to be a one-stop shop for main application and communication processors used in smartphones and tablets. By offering two main processors, Nvidia's said it could help device makers develop products faster.

Nvidia makes processors for smartphones and tablets such as the Tegra 2 dual-core processor, which is used in Android tablets like Motorola's Xoom and LG's G-Slate. The company has also displayed a quad-core mobile processor code-named Kal El. Icera makes 3G and 4G baseband communication processors for smartphones and tablets.

More: http://www.pcworld.com/article/227421/

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