NVIDIA to Wind Down Icera Modem Operations

SANTA CLARA, CA — (Marketwired) — 05/05/15 — NVIDIA (NASDAQ: NVDA) today announced that it will wind down its Icera modem operations in the second quarter of fiscal 2016. The company is open to a sale of the technology or operations.The company purchased Icera in 2011 to engage the smartphone revolution with a leading integrated application processor and modem platform. Since then, the company has reshaped its strategy to focus on high-growth opportunities in gaming, automotive and cloud com