Apple has reportedly made a rare acquisition, snapping up low-power chip company PA Semi one day before reporting its quarterly earnings.
Forbes reported late Tuesday that Apple has agreed to purchase the company for a middling $278 million, quoting Apple spokesman Steve Dowling as confirming the deal. PA Semi made its debut a few years back designing low-power chips based on Apple's old friend, the Power architecture.
It's not clear what Apple might have in mind for PA Semi. I'd doubt Apple plans to get into the chip design game anytime soon, although having low-power chip experts … Read more