Intel announced the acquisition of semiconductor design company eASIC, which is expected to complete the acquisition in the third quarter. After the acquisition, 120 eASIC employees, including CEO Ronnie Vasishta, will be transferred to the Intel Programmable Solutions Group (PSG).

Intel announces acquisition of eASIC-SemiMedia

Dan McNamara, general manager of the Intel Programmable Solutions Group, said, "eASIC is now a small company, but we believe that Intel's convergence and expansion will give it a technological advantage that differs from Xilinx."

This acquisition is positive for both Intel and eASIC. From Intel's perspective, the acquisition of eASIC will not only bring the technology to the Intel product line, but also expand the Intel chip customer base. In addition, the acquisition of eASIC can better adapt to the next generation of computing needs by the complement between the eASIC and its FPGA business.

In 2015, Intel acquired Altera Corporation for $16.7 billion and established the Programmable Solutions Group, one of Intel's diversified initiatives following the decline in PC processor market revenue. Today, FPGAs play a vital role in Intel's big data strategy. In product planning, Intel said: In the long run, there is an opportunity to build a new programmable chip that uses Intel EMIB technology and combines Intel FPGAs with structured ASICs in a system-in-package solution.