Ex-Qualcomm CEO Paul Jacobs joins board of UK-based Arm as the two companies battle in court

  • 📰 sdut
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Ex-Qualcomm CEO Paul Jacobs joins board of UK-based Arm as the two companies battle in court [Breaking]

Arm , a semiconductor technology licensing firm, said Wednesday that former Qualcomm Chief Executive Paul Jacobs has joined its board of directors — an unexpected move given that Arm and Qualcomm are embroiled in an increasingly contentious legal battle linked to high-performance processors.

“We have worked together for many years,” said Jacobs. “He asked me if I would be interested. I thought it would be interesting.” In August, Arm filed a lawsuit against Qualcomm in Delaware federal court. It accused the San Diego company of violating chip architecture intellectual property licenses linked to a new line of high-performance processors for laptops, digital cars, smartphones and other computing devices stemming from Qualcomm’s $1.4 billion acquisition of Nuvia.

The company also contends Arm is seeking payback for Qualcomm’s opposition to the proposed sale of Arm to graphics chip maker Nvidia, which fell through amid regulatory scrutiny.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CEO of Plano-based vehicle interior company receives 40 under 40 recognition - CEO SpotlightKyle Bailey, the CEO and founding partner of Plano-based NuVinAir was recognized earlier this month by Auto Remarketing as one of the industry's 40 under 40 recipients. NuVinAir is a franchise-supported company that creates healthy vehicle interiors for the automotive industry.
Source: KRLD - 🏆 75. / 68 Read more »