Published on 28-11-12 20:31
Number of Views: 21958
As Creative Technology, Singapore-based parent company of ZiiLABS announced on November 19th, they expect to close a deal with chipdesigner and -maker Intel Corporation in the current quarter ending December 2012. The subject of the deal will be various technologies and patents from ZiiLABS as well as engineering ressources from their UK-based headquarter. Intel will pay 50 million US-Dollar altogether and acquire non-disclosed engineering ressources of the UK sudsidiary of Creative Technology.