AMD Expands Technology Portfolio to Drive Immersive Computing Vision with Acquisition of Wireless Virtual Reality IP from Nitero

AMD Expands Technology Portfolio to Drive Immersive Computing Vision with Acquisition of Wireless Virtual Reality IP from Nitero

SUNNYVALE, CA — (Marketwired) — 04/10/17 —
AMD (NASDAQ: AMD) today announced it has acquired intellectual property (IP) and key engineering talent from Nitero, a pioneer in millimeter wave solutions capable of enabling future generations of wireless Virtual Reality (VR) and Augmented Reality (AR) headsets. 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.
“Unwieldly headset cables remain a significant barrier to drive widespread adoption of VR,” said Mark Papermaster, AMD chief technology officer and senior vice president. “Our newly acquired wirel…

Original Post By – AMD

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