Apple buys chipmaker Intrinsity
A month after the rumors first started flying, Apple finally confirmed that it has indeed purchased Intrinsity, a Texas-based chipmaker.
Apple confirmed the acquisition on Tuesday to The New York Times, though it did not disclose the purchase price or what Apple's plans for Intrinsity are. One guess has the value at $121 million.
It's the second chipmaker purchased by Apple in two years starting with P.A. Semi, which it bought for $278 million. It's also the fourth acquisition Apple has made since last fall; it bought map API maker PlaceBase in October, social music site LaLa … Read more