|Title||Intel May Attempt to Acquire SiFive for $2 Billion|
|Date||Friday June 11, @06:02AM|
|from the if-you-can't-beat-'em,-buy-'em? dept.|
Intel (INTC) Reportedly Offers Over $2 Billion To Acquire the Fabless Semiconductor SiFive as the Consolidation Trend in the Industry Is Nowhere Close to Slowing Down
[According] to Bloomberg, Intel has reportedly offered over $2 billion to acquire the fabless semiconductor SiFive, a provider of commercial RISC-V processor IP and silicon solutions based on the RISC-V instruction set architecture.
Should this deal become a reality, it would mark the climax of growing bonhomie between Intel and SiFive. For instance, back in 2018, Intel was one of the participants in the Series C funding round of SiFive. Thereafter, in March 2021, SiFive announced a collaboration with the Intel Foundry Business (IFB) to develop innovative new RISC-V computing platforms.
Of course, unlike legacy Instruction Set Architectures (ISAs), RISC-V's proponents believe that it addresses the skyrocketing cost of designing and manufacturing increasingly complex new chip architectures, given that that the ISA is layered, extensible, and flexible. It is hardly surprising, therefore, that some believe RISC-V to be the future.
Bear in mind that SiFive was last valued at $500 million, as per the data available at PitchBook. This means that Intel would be paying a premium of over 300 percent relative to SiFive's 2020 valuation.
Previously: SiFive HiFive Unleashed Not as Open as Previously Thought
Qualcomm Invests in RISC-V Startup SiFive
SiFive Announces a RISC-V Core With an Out-of-Order Microarchitecture
GlobalFoundries and SiFive Partner on High Bandwidth Memory (HBM2E)
SiFive to Debut a RISC-V PC for Developers in October
SiFive Announces HiFive Unmatched Mini-ITX Motherboard for RISC-V PCs
printed from SoylentNews, Intel May Attempt to Acquire SiFive for $2 Billion on 2021-06-23 20:52:48