Intel Buys Indian Startup To Gain Discrete GPU Tech Expertise

Intel Buys Indian Startup To Gain Discrete GPU Tech Expertise
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  • Intel has acquired part of the India-based start-up Ineda Systems.
  • Intel acquired engineering resources from Ineda Systems, a silicon and platform services provider based in Hyderabad.
  • The startup hit the headlines in 2013-14 for its design and development of low-power Dhanush chips for wearable devices and had raised over $60 million from big-ticket investors, including Samsung Catalyst Fund, Qualcomm Ventures, Walden-Riverwood Ventures, Imagination Technologies, among others, but ran into rough weather after it shifted gears to automotive technologies.


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