Qualcomm has picked up handheld assets from Advanced Micro Devices, including graphics chip technology. San Diego, Calif.-based Qualcomm and AMD announced on Tuesday that Qualcomm has acquired graphics and multimedia technology assets, intellectual property and resources that were "formerly the basis of AMD's handheld business."

The acquisition includes "graphics cores that we have been licensing for several years," said Steve Mollenkopf, executive vice president of Qualcomm and president of Qualcomm CDMA Technologies, in a statement.

Full Article