Tuesday, November 20, 2012

Intel acquires Ziilabs from Creative Technology for $50 million

[![DNP Intel gets cozy with Ziilabs for $50m](http://www.blogcdn.com/www.engadget.com/media/2012/11/intel-ziilabs.jpg) ](http://www.engadget.com/2012/11/20/intel-acquires-ziilabs/)

[Intel](http://engadget.com/tag/intel) has signed a $50 million deal with [Creative Technology](http://engadget.com/tag/creativetechnology) to acquire [Ziilabs](http://engadget.com/tag/ziilabs), a UK-based subsidiary responsible for Android-optimized chip designs like the [ZMS-40](http://www.engadget.com/2012/01/05/ziilabs-debuts-100-core-zms-40-processor-optimized-for-android/) and the [ZMS-20](http://www.engadget.com/tag/ZMS-20/). Of that $50 million, $30m will be for asset sales and engineering resources while the remainder will be for patent licensing in regards to Ziilabs GPU technology, which might indicate a move away from [PowerVR](http://www.engadget.com/tag/powervr/). We're not sure if this means Creative will soldier on with OEM-focused devices like the [HanZPad](http://www.engadget.com/2012/06/01/creative-hanzpad-fcc-quad-core-ICS-tab/), but at least now it'll have more money in the bank to explore alternative endeavors.

Filed under: [Misc](http://www.engadget.com/category/misc/), [Intel](http://www.engadget.com/category/intel/)

**[Comments](http://www.engadget.com/2012/11/20/intel-acquires-ziilabs/#comments)**

**Source:** [The Inquirer](http://www.theinquirer.net/inquirer/news/2226112/intel-signs-a-usd50m-deal-with-creative-for-ziilabs), [CNET Asia](http://asia.cnet.com/creative-to-sell-ziilabs-uk-subsidiary-to-intel-62219524.htm)

URL: http://www.engadget.com/2012/11/20/intel-acquires-ziilabs/

No comments:

Post a Comment