People familiar with the situation say the Silicon Valley giant recently purchased Intrinsity Inc., a closely held company whose chip technology has been used to boost the performance of cellphones and other products. Some analysts believe that Intrinsity's technology is used in the A4, the Apple-designed chip used in the new iPadSource: WS
These people didn't disclose terms of the deal. But Tom Halfhill, senior editor at the newsletter Microprocessor Report, on Monday reported a purchase price of $121 million.
Confirmed: Apple bought chip maker Intrinsity
Posted on Wednesday, April 28 2010 @ 15:08 CEST by Thomas De Maesschalck