SANTA CLARA, Calif.-Graphics chipmaker Nvidia said it will usher into the wireless device market with the purchase of MediaQ, which makes processors to improve the display and battery life of handheld devices.
Nvidia will take advantage of MediaQ customers, which include such players as Siemens AG, Sharp, Philips, Dell, Mitsubishi and Sony Corp.
Nvidia will pay $70 million for the purchase, expected to close in its fiscal third quarter in 2004.
