- Apr 12, 2001
In February, we profiled Intrinsity, a company made up of former Exponential Technology employees that was gaining attention for its efforts to speed up ARM CPU designs. Intrinsity had cooperated with Samsung to announce the 1GHz Hummingbird processor back in July, and due to Apple's increasing reliance on ARM processors for its mobile devices, we speculated that Apple and Intrinsity may cross paths in the future.
EDN first reported that Intrinsity has been acquired and speculated that Apple could have been the buyer. We have since discovered evidence that this is likely the case. A couple of Intrinsity employees and one of the founders of Exponential (Jim Blomgren and Mark Nodine) have begun listing Apple, Inc as their current employer on their LinkedIn profiles:
The job changes are dated April 2010, and so either Apple has recently acquired Intrinsity or has recruited some key talent from the company.
Article Link: Apple Appears to Have Acquired Intrinsity