Intel acquires small chipmaker to bolster efforts beyond CPUs [Yahoo! Finance News]
Intel Corporation (INTC)
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Source: Yahoo! Finance News
Intel Corp said on Thursday that it plans to acquire eASIC, a small chipmaker that will help further Intel's efforts to diversify away from CPU chips. Intel did not disclose terms of the deal for eASIC, which is based in Intel's hometown of Santa Clara, California. An Intel spokeswoman said the price was "not material," but that about 120 people would join Intel's so-called programmable solutions group as a result.
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