The New York Times is reporting today that Apple has snapped up Intrinsity, the small Austin, Texas, company that makes chips for mobile devices in partnership with Samsung. It is thought that Intrinsityâ€™s Hummingbird chip is one of the most important parts of the iPadâ€™s A4 chip, which Steve Jobs called â€œthe most advanced chipâ€ that Apple had ever used in a product. According to Apple, the A4 chip is what makes the iPadâ€™s 10-hour battery life possible, as well as speeding up the software.
All that Apple has had to say on the matter so far is this typically mysterious comment from Apple spokesman Steve Dowling: â€œApple buys smaller technology companies from time to time, and we do not comment on our purpose or plans.â€
According to The Times, Microprocessor Report analyst Tom R.Halfhill believes that Apple paid $121 million for Intrinsity, which The Times speculates Apple most likely acquired in order to add to its pool of chip talent and maintain an advantage over its competitors who buy off-the-shelf components.
By Maura Sutton, iPadForums.net
Apple Buys Intrinsity, a Maker of Fast Chips - NYTimes.com
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