Monday, February 04, 2008 20:59
Santa Clara (CA) – Nvidia announced that it will acquire Ageia, maker of physics accelerator chips and cards.
Rumors that Ageia is up for sale have been floating around the graphics industry ever since Ageia was founded back in 2002. Now it is official and Nvidia will integrate the technology in its product portfolio.
This move follows the path Nvidia has been taking for years, making quick acquisitions as they come along. Recently, it became apparent that the company needed a driver for its GPU physics plans. With Havok now being part of Intel, Ageia was a target that made sense.
"The Ageia team is world class, and is passionate about the same thing we are - creating the most amazing and captivating game experiences," stated Jen-Hsun Huang, president and CEO of Nvidia. "By combining the teams that created the world's most pervasive GPU and physics engine brands, we can now bring GeForce-accelerated PhysX to hundreds of millions of gamers around the world."
The acquisition remains subject to customary closing conditions. Financial details of the agreement were withheld.
