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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.

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24 months ago
Wow, the progress is rapid ... Apple are on a surge for sure.
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24 months ago
Jim blomgren an I shared a cubicle wall at Exponential. He taught be how to swear in the office.

We also wrote a paper together: http://ieeexplore.ieee.org/Xplore/login.jsp?url=http://ieeexplore.ieee.org/iel3/4/13972/00641683.pdf%3Farnumber%3D641683&authDecision=-203
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24 months ago
If a public company makes any transactions of this nature, they've got to announce it...Apple's secrecy around product announcements is one thing, but even the almighty Jobs isn't above the SEC. Either the deal isn't officially done yet, or Apple just pulled away some talent.
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24 months ago

If a public company makes any transactions of this nature, they've got to announce it...Apple's secrecy around product announcements is one thing, but even the almighty Jobs isn't above the SEC. Either the deal isn't officially done yet, or Apple just pulled away some talent.


Given how little they likely would have to pay for intrinsity, it's unlikely the transaction rises to "material impact.". Probably don't need to disclose it. I bet they paid around 10-20 million.
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24 months ago
Their website is "Under Construction" too.;)
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24 months ago
This is interesting. Apple is further solidifying their SoC expertise to ensure hardware novelty. Seems the A4 is only the beginning. I expect an A9 variant from them in something by Summer 2011.
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24 months ago
I would think that is a good move.

How much did they pay?
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24 months ago
$300 Apple Netbooks please.
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24 months ago
Dont know why Apple wouldnt say anything if they didnt tell them to not change their linkedin messages.
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24 months ago

Jim blomgren an I shared a cubicle wall at Exponential. He taught be how to swear in the office.


Are these the same guys who came up with the VAPORWARE x704 that promised to save PowerPC back in the day? :rolleyes:
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