Junko Yoshida, EETimes
4/20/2018 03:31 PM EDT
MADISON, Wis. — China’s internet behemoth, Alibaba Group, announced on Friday the acquisition of C-Sky Microsystems, a designer of China’s home-grown 32-bit embedded CPU processing core.
Alibaba did not disclose terms of the acquisition.
The move underscores a growing trend among companies, such as Google, Amazon, and Alibaba, who are eager to swallow up chip companies with a goal to design chips that fit their businesses.
As EE Times reported last year, even well before this acquisition was announced, C-Sky enjoyed a unique tie with Alibaba. As Xiaoning Qi, CEO of C-Sky, explained then, C-Sky was already the first chip company in the world to receive a sizable investment from Alibaba. C-Sky was founded in Hangzhou in 2001.