Today in Mobile

Nvidia is making headlines this morning with the news that it will spend $367 million to acquire Icera, which makes baseband processors for 3G and 4G mobile phones. The move will enable Nvidia to integrate Icera’s radios with its own Tegra processors, positioning it to compete with Qualcomm in the mobile application processor market. And as my colleague Stacey Higginbotham observes here, the acquisition could also give Nvidia an edge in keeping up with demand in an era where design cycles have become remarkably fast.