English
Intel Buys Indian SoC Designer Ineda Systems
By Sufia Tippu, EETimes
February 19, 2019
BENGALURU, India — Intel, which has been aggressively scouting around in India and Asia for new technologies, has acquired Ineda Systems, a fabless chip company based in Hyderabad, India. Financial terms of the deal have not been disclosed.
According to a report in The Times of India, the all-cash deal sealed last week is more in the nature of an "acquihire" — a transaction in which a company is acquired mainly for the skill sets of its workforce rather than products or services
|
E-mail This Article | 
|
|
Printer-Friendly Page |
|
||||||
Related News
- Apple Buys Image Fusion Startup Spectral Edge
- Apple to Buy Intel's Modem Business for $1 Billion
- Is Apple planning to acquire Intel's mobile business?
- Intel to Acquire Barefoot Networks, Accelerating Delivery of Ethernet-Based Fabrics
- Intel Acquires Omnitek, Strengthens FPGA Video and Vision Offering
Breaking News
- Global Semiconductor Materials Market Revenues Slip 1.1 Percent in 2019, SEMI Reports
- Synopsys Expands DesignWare MIPI IP Portfolio with Silicon-Proven, Integrated C-PHY/D-PHY IP Solution in FinFET Processes
- Imagination announces new mobile graphics teaching course for 2020
- Andes Technology Announces over 5 Billion Cumulative Shipments of SoCs Embedded with Its CPU IP since Company Inception
- TrendForce Presents Latest Analysis (Updated March 2020) of COVID-19 Pandemic's Impact on Global High-Tech Industries
Most Popular
- TrendForce Presents Latest Analysis (Updated March 2020) of COVID-19 Pandemic's Impact on Global High-Tech Industries
- 100 IC Wafer Fabs Closed or Repurposed Since 2009
- 5G Rollout Will Slow as Standards Work is Suspended
- Silvaco Delivers New Generation of MIPI I3C Sensor Connectivity IP
- Dolphin Design attacks the Taiwanese and Japanese markets with an exclusive sales representative