AMD Acquires Austin-based Nitero

AMD, based in Sunnyvale, Calif., announced this week it has acquired Austin-based Nitero, which makes chips to stream virtual reality and augmented reality content to wireless headsets. The financial terms of the deal were not disclosed. Nitero, founded in 2009, had raised $4.71 million in two rounds from two investors, according to its Crunchbase profile. […]

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Source: Silicon Hills News

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