Media event set for September 9, launch likely ~10 days later.
Apple Appears to Have Acquired Intrinsity [Updated]
In February, we profiled Intrinsity, a company made up of former Exponential Technology employees that was gaining attention for its efforts to speed up ARM CPU designs. Intrinsity had cooperated with Samsung to announce the 1GHz Hummingbird processor back in July, and due to Apple's increasing reliance on ARM processors for its mobile devices, we speculated that Apple and Intrinsity may cross paths in the future.
EDN first reported that Intrinsity has been acquired and speculated that Apple could have been the buyer. We have since discovered evidence that this is likely the case. A couple of Intrinsity employees and one of the founders of Exponential (Jim Blomgren, Paul Miller, and Mark Nodine) have begun listing Apple, Inc as their current employer on their LinkedIn profiles:
The job changes are dated April 2010, and a further search shows a total of 13 former Intrinsity employees on LinkedIn listing Apple as their current employer. Consequently, Apple has either recently acquired Intrinsity or recruited some key talent from the company.
Update: LinkedIn's listings have been updated to remove mention of the employees in question now working for Apple. Mark Nodine's profile still mentions, however, that he is working for Apple as of April 1st.