NY Times spotted some of the chip engineers that Appel gained in its acquisition of chip designer P.A. Semi have left to start their own company, which is named Agnilux:
Some of the chip engineers Apple gained in its purchase of PA Semi appear to have already left the company. According to partial records on the job networking site LinkedIn, at least half a dozen former PA Semi engineers have left Apple and turned up at a start-up called Agnilux, based in San Jose. The company was co-founded by one of PA’s leading system architects, Mark Hayter.
Neither Mr. Hayter nor other onetime PA workers who left Apple for Agnilux were willing to discuss either company’s plans. According to two people with knowledge of the two companies, who were unwilling to be named because the matter is delicate, some PA engineers left Apple a few months after the acquisition because they were given grants of Apple stock at an unattractive price.