Intel's power-management chip biz being acquired by MediaTek for $85 million
By MYBRANDBOOK
In a vision to expand its product line to offer integrated power solutions used in FPGA, SoC, CPU, and ASIC for the enterprise-level system applications. MediaTek has acquired Intel Enpirion power management chip product line-related assets, via its subsidiary Richtek, for approximately $85 million. As per the report, MediaTek says that after the completion of the merger, it will expand the company's product line. Its target will be enterprise-level system applications to help expand the scale of operations.
Intel Enpirion power System-on-Chip (PowerSoC) modules integrate nearly all the components needed to build a power supply without sacrificing performance or efficiency. These robust, easy-to-use products meet most challenging power requirements for FPGAs, ASICs, processors and other semiconductors -- all in a small footprint.
This deal is unlikely to have a huge impact on the smartphone market but would boost Mediatek's positions and hopefully competitiveness.
MediaTek has been actively developing its server ASIC business and has also reportedly obtained orders from Google to integrate the Intel Enpirion product line.
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