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Intel acquires chip maker eASIC for undisclosed amount

Jeremy C. Owens

Intel Corp. (intc) announced Thursday that it has acquired eASIC, a chip maker focused on ASIC and FPGA chips. In a release characterized as an "opinion editorial" from Dan McNamara, the leader of Intel's Programmable Solutions Group, Intel said that it expects the deal to close in the third quarter. "The addition of eASIC will help us meet customers' diverse needs of time-to-market, features, performance, cost, power and product life cycles," McNamara wrote.