Intel | Pixr8 News

Taiwan Semiconductor Manufacturing Co. world's largest producer of made-to-order microchips chairman and founder Morris Chang will retire in June next year, as per the reports by Bloomberg. Two chief executives of the company will be taking over after him. 86-year-old Morris' place will be taken over by Mark Liu, as chairman of the company who will be then responsible for all strategic decisions and business directions. C.C. Wei will become chief executive officer, orchestrating operations but taking his cues from the board, Chang told Bloomberg. When Chang stepped down as CEO in 2013, Mark and Wei took over as the chief executive officers of TSMC. TSMC entertains world's leading corporations such as- Qualcomm Inc. and Apple Inc. The soul reason be...

Chip design maker Intel Corp. has secretly acquired silicon valley semiconductor startup called Soft Machines Inc about $300 million (cash-cum-stock deal ) to maintain its leadership position. The news was first reported by technology website The Register. The team of Soft Machines have become part of Intel from Thursday. This new deal is on the heals of Intel shedding as part of a spinout their security unit into a new company that will be owned in-part by private equity firm TPG. Intel will retain a 49 percent ownership stake of the entity with TPG taking the majority stake. In exchange, Intel will be receiving $3.1 billion in cash. Soft Machines is a semiconductor company co-developing VISC architecture-based processor and SoC products for all major performance computing platforms a...

Tag: Intel

Founder and Chairman of Apple’s Top Chipmaker Announces His Retirement

Startup Running By an Indian Secretly Bought By Intel at $300 Million (2000 Crore)