Intel is said to have offered to purchase SiFive for more than $2B. SiFive, a designer of semiconductors, has been talking to its advisors to see how to proceed, according to a Bloomberg report, which cited people familiar. SiFive has received multiple bids from other interested parties and has also received offers for an investment. SiFive last raised more than $60M in a Series E financing round last year and was valued at about $500M, according to PitchBook. In June 2019, Qualcomm (NASDAQ:QCOM) participated in a $65.4M Series D round for SiFive, a fabless semiconductor company building customized silicon based on the open RISC-V instruction set architecture.
Wow, great move if it is true. If Intel wants to get into the foundry business doing turnkey ASICs is definitely the way to go. Intel already acquired eASIC. That way Intel can closely control and protect IP and make sure designs/chips are done the Intel way, absolutely.
The ASIC business has changed quite a over the last couple of years as fabless chip companies take control (Marvell, Broadcom, and Mediatek). Exciting times in the semiconductor ecosystem, absolutely!
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Wow, great move if it is true. If Intel wants to get into the foundry business doing turnkey ASICs is definitely the way to go. Intel already acquired eASIC. That way Intel can closely control and protect IP and make sure designs/chips are done the Intel way, absolutely.
The ASIC business has changed quite a over the last couple of years as fabless chip companies take control (Marvell, Broadcom, and Mediatek). Exciting times in the semiconductor ecosystem, absolutely!
Chipmaker SiFive Is Said to Draw Intel Takeover Interest
(Bloomberg) -- SiFive Inc., a startup that designs semiconductors, has received takeover interest from investor Intel Corp., according to people familiar with the matter.Intel offered to acquire SiFive for more than $2 billion, one of the people said, asking not to be identified because the...