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Apple Buys Intrinsity, a Maker of Fast ChipsApple has acquired a small
Austin,
Texas., company called
Intrinsity, known
for making zippy versions of a computer chip often found in mobile devices.
The deal, which closed late last month and was confirmed by
Apple on Tuesday,
shows the company continuing to try to gain an edge in the mobile device market
by purchasing technology and chip experts.
The people familiar with
Apple’s situation say that efforts to create a new chip
for mobile devices from the ground up are stalling. In 2008,
Apple purchased
another chip maker, called
PA Semi, for $278 million.
That start-up also specialized in making fast, low-power chips.