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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