Nokia invests €4 million in next-gen mobile gaming
Nokia’s investment arm Nokia Growth Partners has invested 4 million euros ($4.75 million) in graphic hardware designers Bitboys.
The investment will further support Bitboys in designing solutions that enable extremely high-quality 3D and vector graphics acceleration in the power and size-restricted environments of mobile devices.
Dedicated 3D or vector graphics processors stand to dramatically improve the graphics capability of mobile devices. Applications include enhanced user interfaces that are easier and more fun to use; next-generation mobile games; maps and navigation; web browsing; and entertaining graphics content that will drive consumer demand for more sophisticated wireless devices.
“Graphics processing is one of the most important growth areas in mobile industry. As the only vendor that provides graphics solutions specifically for volume-market mobile devices, Bitboys has already achieved a strong position in the market. Nokia Growth Partners made this investment to ensure Bitboys has adequate financial and human resources for continued successful growth.
As a key strategic graphics partner Bitboys provides Nokia with early access to best-of-breed technology in mobile graphics processing,” said Markus Salolainen, General Partner, Nokia Growth Partners.
Categories: News
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