Intel acquires ZiiLabs from Creative Technology for $50 million

Discussion in 'Apple, Inc and Tech Industry' started by gto55, Nov 20, 2012.

  1. macrumors 6502a


    Mar 14, 2010
    Tel Aviv
    Intel has signed a $50 million deal with Creative Technology to acquire ZiiLabs, a UK-based subsidiary responsible for Android-optimized chip designs like the ZMS-40 and the ZMS-20. Of that $50 million, $30m will be for asset sales and engineering resources while the remainder will be for patent licensing in regards to ZiiLabs GPU technology, which might indicate a move away from PowerVR. We're not sure if this means Creative will soldier on with OEM-focused devices like the HanZPad, but at least now it'll have more money in the bank to explore alternative endeavors.

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