INTEL BUYS HYDERABAD-BASED STARTUP

Intel has acquired the engineering team of Hyderabad, India-based Ineda Systems.

 

The chipmaker is planning to use the team for the development for discrete GPU chips.

Officially introducing their new discrete GPU in 2020 to take on the likes of Nvidia and AMD in the segment.

The Ineda acqui-hire will help the Santa Clara, California-based company in quickly ramping up the GPU team.

Intel spokesperson said confirming the deal.“Intel acquired engineering resources from Ineda Systems, a silicon and platform services provider based in Hyderabad.”

Ineda Systems develops low-power SoCs for consumer as well as enterprise systems, mainly in wearables and IoT segments.

The company is working on artificial intelligence (AI) powered self-driving hardware system that includes the company's own silicon.

The financial details of the Intel-Ineda Systems deal are unclear at the moment.

 

 

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