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Tuesday, February 21, 2017

Intel Corporation Officially Announces Acquisition of Chip Start-Up

In September of last year, reports began to surface that microprocessor giant #Intel (NASDAQ:INTC) had purchased a small chip technology start-up known as #SoftMachines for approximately $250 million. Soft Machines essentially claimed that it was working on microprocessors that could deliver both much higher performance and power efficiency than what typical processor designs could.

https://www.fool.com/investing/2017/02/21/intel-corporation-officially-announces-acquisition.aspx

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