Apr 28

So the rumor is true, and Apple has indeed bought Intrinsity. Apple confirmed to The New York Times today what Linkedin profile updates have already indicated, with Intrinsity’s employees naming Apple as their new employer. As for the price, NYT cites MPR’s Tom Halfhill, who claims that the purchase price was $121 million. Halfhill has been around the processor scene since forever, and he has great sources, so this number is probably in the ballpark.

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[From Apple purchase of Intrinsity confirmed]

It’ll be a while before these moves result in products.

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