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  NVIDIA Buys PDA, Phone Graphics Chip Maker
Time: 11:36 EST/16:36 GMT | News Source: The Register | Posted By: Steven Chalfont

NVIDIA today said it will buy MediaQ, a developer of graphics and other ancillary chips for wireless PDAs and cellphones, for $70 million in cash and stock, mostly the former.

Interestingly, the announcement follows a number of suggestions posted on web sites that NVIDIA is developing a PDA-oriented chip, possibly codenamed the NV33. While the NV33 is now believed not to be the mobile processor, it's entirely possible that talk of said ultimately arose out the company's discussions with MediaQ.
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