Intel Acquires India's Startup Ineda Systems

Santa Clara, CA-based Intel Corporation acquired Hyderabad, India-headquartered startup Ineda Systems, a fabless semiconductor product company, in an all-cash deal. "Intel acquired engineering resources from Ineda Systems, a silicon and platform services provider based in Hyderabad. This transaction provides Intel with an experienced system on chip team to help build...

Intel Invests $178 Million for R&D in India

Santa Clara, CA-based Intel Corporation will invest $178 million in India to set up a new research and development center in Bangalore said Intel India's general manager Nivruti Rai at a news conference. This fresh investment is in addition to the $4.3 billion  Intel invested in the country over the...

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