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March 22, 2006
Nvidia's Buy Of Hybrid Graphics Gives Nexit An Exit
NVIDIA, a graphics processor vendor, announced it will acquire Finland's Hybrid Graphics a developer of embedded 2D and 3D graphics software for mobilephones and PDAs. Terms of the deal were not disclosed.
Hybrid is owned by key employees and two VCs, Investor Growth Capital, which invested in 1998 and Nexit Ventures, which invested in 2002. According to Red Herring, it raised a total of €2.5M.
The Finnish company, which was founded back in 1994, has a long list of clients including Nokia, Ericsson, Sony Online Entertainment, Texas Instruments, Renesas, Philips, Bitboys and Esmertec.
Read - NVIDIA Corporation to acquire Hybrid Graphics (press release)
Posted on March 22, 2006 05:02 PM | Posted to Emdedded Systems | Wireless | Permalink
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