Intel Acquires Indian SoC Designer to Bolster GPU Development




/ 2 years ago

Intel Acquires Indian SoC Designer to Bolster GPU Development

Accelerating Discrete GPU Plans

Intel is acquiring Ineda Systems, a Hyderabad-based, fabless semiconductor company. According to The Times of India, the all-cash deal was sealed last week for an undisclosed amount.

Unlike other acquisitions however, this is more of an “acquihire”. Meaning chipzilla is taking on the Indian company due to the skills of their workforce, rather than their product or service.

Ineda Systems specializes in SoC (system-on-chip_ designs focusing on Automotive and IoT applications. However, they are going to be working on something different for Intel according to a spokesperson.  “This transaction provides Intel with an experienced SoC team to help build a world-class discrete GPU business.”

What are the Terms of the Deal?

Both companies are not disclosing much in terms of the deal’s details. Although according to The Times of India, Intel is gaining approximately 100 engineers as part of the deal.

Considering the fact that they are building their GPU business completely from scratch, this enables them to accelerate those goals further. The company has actually been on an engineer hiring spree lately, advertising jobs for their Visual Technologies Team. This group is of course, helmed by former Radeon Technologies Group chief Raja Koduri, who left AMD last year.

Intel Acquires Indian SoC Designer to Bolster GPU Development 1

 


Topics: , , , ,

Support eTeknix.com

By supporting eTeknix, you help us grow and continue to bring you the latest newsreviews, and competitions. Follow us on FacebookTwitter and Instagram to keep up with the latest technology news, reviews and more. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!

Looking for more exciting features on the latest technology? Check out our What We Know So Far section or our Fun Reads for some interesting original features.

eTeknix Facebook eTeknix Twitter eTeknix Instagram eTeknix Instagram

Check out our Latest Video

  • Be Social With eTeknix

    Facebook Twitter YouTube Instagram Reddit RSS
  • Features

  • Poll

    AMD X570 or Intel Z390?

    View Results

  • Archives


Send this to a friend