Google Buys Agnilux, Semiconductor Firm Founded by Former PA Semi Employees

Seth Weintraub:

Agnilux was founded by members of the PA Semi (originally “Palo Alto Semiconductor”) company that was purchased by Apple for $278 million in April 2008.  After the purchase, many of the top employees were reportedly upset at the pricing of the stock options Apple granted to them. They left to form Agnilux, the super secret early stage start-up that Google just grabbed.

★ Wednesday, 21 April 2010