22 Nov '12, 3pm

Intel buys U.K. graphics chip team: via @eetimes

LONDON – Intel is paying $50 million to multimedia hardware company Creative Technology to license certain patents belonging to Creative subsidiary ZiiLabs Inc. Ltd. and to acquire its U.K. subsidiary ZiiLabs Ltd., formerly known as 3DLabs Ltd. The move by Intel Corp. (Santa Clara, Calif.) is said to be part of efforts to de-emphasize the use of PowerVR graphics cores licensed from Imagination Technologies Group plc (Kings Langley, England) in future Atom processors. The deal includes $20 million to Creative Technology Ltd. (Singapore) for the licensing of technologies including ZiiLabs graphics processing unit (GPU) technology and $30 million for the acquisition of the U.K. based design team. This design team is engaged in, primarily on behalf of ZiiLabs Inc. Ltd., the development of ZMS chips for Creative. Creative acquired 3DLabs Inc. in 2002 for about $170 million, at ...

Full article: http://www.eetimes.com/electronics-news/4401934/Intel-buy...

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