November 19 - 15:11
Mediatek subsidiary Richtek acquires Intel's Enpirion for $85m
Richtek, a subsidiary of Taiwanese semiconductor company MediaTek Inc. has acquired Intel's power management and controller product line for $85 million. The acquisition is part of MediaTek's aim to expand its product line to offer integrated power solutions. “This transaction will enable Intel’s Programmable Solutions Group to focus on its core FPGA business,” an Intel spokesperson said.
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