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Intel Acquires Indian Startup Ineda Systems to Bolster Discrete Graphics Team

Intel Acquires Indian Startup Ineda Systems to Bolster Discrete Graphics Team

GPUs Feb 18,2019 0

Intel has acquired Ineda Systems, a graphics company based out of Hyderabad, India for an undisclosed all-cash sum.

The deal is said to be part of Intel's efforts to develop its own discrete graphics technologies.

The Times of India reports that Intel will recruit roughly 100 engineers from the Indian company to join Intel's graphics division.

"Intel acquired engineering resources from Ineda Systems, a silicon and platform services provider based in Hyderabad. This transaction provides Intel with an experienced SOC (system on chip) team to help build a world-class discrete GPU business," Intel said.

Ineda Systems was founded in 2011 and has since then raised millions from high-profile investors like Cisco, Qualcomm, and Samsung. The company has been working on technologies and products related to autonomous driving (Ineda CRoME technology for Level 5 Autonomous Driving), AI and IoT. The ocmpany's founder, Dasaradha Gude,
had previously worked at AMD India as a managing director.

Intel said in December 2018 that it plans to release new products for gamers and data centers alike sometime in 2020. The company also released a series of Linux drivers meant for its discrete graphics products.

Tags: Intel
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