Intel acquires UK’s Omnitek to double down on FPGA solutions for video and AI applications

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Intel’s strategy to build out its FPGA processor business continues apace. Today the company announced that it was acquiring Omnitek, a company based out of England that has developed FPGA solutions specifically geared to video and AI applications.

Terms of the deal are not being disclosed, but from what I understand the price is not material to Intel. Omnitek has been around since 1998 and has raised almost no funding. Intel will be picking up Omnitek’s 40 employees — all based out of Basingstoke, England — along with the rest of Omnitek’s business, which included more than 220 FPGA IP cores and accompanying software.

The employees and rest of the Omnitek business will become a part of Intel’s FPGA business,

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Read full article » https://techcrunch.com/2019/04/16/intel-acquires-uks-omnitek-to-double-down-on-fpga-solutions-for-video-and-ai-applications/


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