California-based semiconductor firm Advanced Micro Devices (AMD) on Monday announced it has acquired intellectual property (IP) and key engineering talent from Austin-based Nitero.
It aims to enable the next generations of wireless Virtual Reality (VR) and Augmented Reality (AR) headsets.
Nitero is one of the few companies in the world capable of supplying 60 GHz mm Wave radio technologies for something like wireless VR.
Using high-performance 60 GHz wireless, this technology has the potential to enable multi-gigabit transmit performance with low latency in room-scale VR environments.
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The acquisition provides AMD with a broader portfolio of IP capable of enabling VR headset and solution providers with key technology required to create more immersive computing experiences.
AMD: Know More- CEO: Lisa T. Su
- Headquarters: Sunnyvale, California, United States
- Revenue: 4.27 billion USD (2016)
- Founders: Jerry Sanders, Jack Gifford, Edwin Turney, Larry Stenger, John Carey, Frank Botte, Sven Simonsen, Jim Giles