Apple Buys P.A. Semi, a CPU Design Company

Forbes:

“Apple buys smaller technology companies from time to time, and we generally do not comment on our purposes and plans,” said Apple spokesman Steve Dowling. He declined to comment on the value of the deal, which a person familiar with the deal suggested was done for $278 million in cash.

They specialize in low-power high-performance processors — the sort of chips Apple might use in future iPhones and iPods. Interesting contrast with Sony’s purchase of Gracenote yesterday, which was for about the same amount of money.

★ Wednesday, 23 April 2008