Intrinsity

Intrinsity is not a name immediately recognized by today's average consumer. However, keen followers of the application processor market recognize its claim to fame as the firm behind the Cortex-A8 implementations (called the Hummingbird) in the Apple A4 and Samsung Galaxy S. Apple's acquisition of the semiconductor firm Intrinsity has been doing the rounds on the Internet since the beginning of April. With many former Intrinsity employees publicly disclosing their employment with Apple now, Apple's quarterly earnings report indicating business acquisitions for $325 million, and NYTimes confirming the acquisition from Apple's side, the only unknown quantity in the whole transaction seems to be the amount shelled out by Apple for the purchase. The acquisition wasn't entirely unexpected once it was realized that PA Semi had...