Taipei, Nov 18 (SocialNews.XYZ) Taiwan-based fabless semiconductor company MediaTek has acquired Intel Enpirion power management chip product line-related assets, via its subsidiary Richtek, for approximately $85 million.
With this acquisition, MediaTek is now aiming to expand its product line to offer integrated power solutions used in FPGA, SoC, CPU, and ASIC for the enterprise-level system applications, reports GizmoChina.
Intel Enpirion power System-on-Chip (PowerSoC) modules integrate nearly all the components needed to build a power supply without sacrificing performance or efficiency.
These robust, easy-to-use products meet your most challenging power requirements for FPGAs, ASICs, processors and other semiconductors -- all in a small footprint.
According to GizmoChina, MediaTek pointed out that after the completion of the merger, it will expand the company's product line.
"Its target will be enterprise-level system applications to help expand the scale of operations".
This deal is unlikely to have a huge impact on the smartphone market but would boost Mediatek's positions and hopefully competitiveness.
MediaTek has been actively developing its server ASIC business and has also reportedly obtained orders from Google to integrate the Intel Enpirion product line.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz