Intel acquires FPGA solutions provider

|About: Intel Corporation (INTC)|By:, SA News Editor

Intel (NASDAQ:INTC) acquires Omnitek, provider of optimized video and vision FPGA IP solutions, for undisclosed terms.

England-based Omnitek has over 220 FPGA IP cores and accompanying software plus 40 employees that will all join Intel's FPGA business in its Programmable Solutions Group. 44

Intel shares are up 1.6% to $57.18.

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