Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Nvidia Buys Wireless Chipmaker Icera for $367 Million

Nvidia, the graphics chipmaker seeking to expand into processors for notebooks, tablets and services, said today it will spend $367 million to acquire Icera, a U.K.-based maker of baseband chips for 3G and 4G wireless handsets. Icera is backed by Accel Partners, Amadeus Capital Partners, Atlas Venture, Balderton Capital and DFJ Esprit. The firm raised $45 million last year, and secured a $12 million debt facility in January from Silicon Valley Bank. The deal is expected to help Nvidia compete better against Qualcomm.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald