Intel acquires UK’s Omnitek to double down on FPGA solutions for video and AI applications

    Date16 Apr 2019
    1521
    Posted ByBrittany Day

    Intel’s strategy to build out its FPGA processor business continues apace. Today the company announced that it was acquiring Omnitek, a company based out of England that has developed FPGA solutions specifically geared to video and AI applications.

    Terms of the deal are not being disclosed but from what I understand the price is not material to Intel. Omnitek has been around since 1998 and has raised almost no funding. Intel will be picking up Omnitek’s 40 employees — all based out of Basingstoke, England — along with the rest of Omnitek’s business, which included over 220 FPGA IP cores and accompanying software.

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    Intel’s strategy to build out its FPGA processor business continues apace. Today the company announced that it was acquiring Omnitek, a company based out of England that has developed FPGA solutions specifically geared to video and AI applications.

    [fulltext] =>

    Terms of the deal are not being disclosed but from what I understand the price is not material to Intel. Omnitek has been around since 1998 and has raised almost no funding. Intel will be picking up Omnitek’s 40 employees — all based out of Basingstoke, England — along with the rest of Omnitek’s business, which included over 220 FPGA IP cores and accompanying software.

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    Intel’s strategy to build out its FPGA processor business continues apace. Today the company announced that it was acquiring Omnitek, a company based out of England that has developed FPGA solutions specifically geared to video and AI applications.

    Terms of the deal are not being disclosed but from what I understand the price is not material to Intel. Omnitek has been around since 1998 and has raised almost no funding. Intel will be picking up Omnitek’s 40 employees — all based out of Basingstoke, England — along with the rest of Omnitek’s business, which included over 220 FPGA IP cores and accompanying software.

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