Intel To Acquire a Chip Developer To Boost Up Operations
Multinational technology firm Intel Corp has made an announcement that it is acquiring a chip manufacturer called eASIC based in Santa Clara. However, the details of the deal have not been disclosed yet. An Intel spokeswoman stated that the amount was "not material."
The acquisition has basically been made to assist Intel’s efforts to diversify away from CPU chips and to boost up the technology utilization along with improved performance, cost, power and life cycles of product.
“We’re seeing the largest adoption of FPGA ever because of the explosion of data and cloud services, and we think this will give us a lot of differentiation versus the likes of Xilinx. We’ll be able to offer an end-to-end lifecycle that fits today’s changing workloads and infrastructure. No one on the marketplac...