04.100.2017 - 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... - View Press Release - Visit AMD (Advanced Micro Devices, Inc.)