Friday, June 11th 2021
SiFive Receives $2 Billion Takeover Offer from Intel
SiFive, one of the hottest new semiconductor start-ups specializing in performance RISC-V processors, has received an offer for acquisition from Intel, for USD $2 billion, according to a Bloomberg report, citing sources close to the deal. SiFive was last valued at $500 million in 2020, when it was raising funds. SiFive is potentially benefiting from NVIDIA's ongoing acquisition of Arm, as the company has the ingredients to whip up high-performance processors based on the open-standard RISC-V machine architecture. Both SiFive and Intel declined to comment on the Bloomberg story.
Source:
Bloomberg
20 Comments on SiFive Receives $2 Billion Takeover Offer from Intel
RISC-V looks more and more worth investing into. Especially for those that could build a compatible CPU with proprietary IP.
Wouldn't be the 1st time they've did this either... :mad::mad::mad:
Then start another startup lol
A competing CPU company could be worth potentially hundreds of billions. Taking "4 fold" isn't that impressive when it's only 4 fold 500 million. Mind you it's not all about the money. If you have a passion for something no amount of money in the world is going to replace that when you sell your company. Money is a tool to achieve your goals, not an end goal in and of itself. People far too often forget that and end up selling their life work for something which they now have no use for aside from existing but what is existing without purpose.
[I]$2 Billion is small for Intel, SiFive should looking forward for bright future, waiting 10 years more...(sorry my bad english) ;)[/I]
Seams more like oppo kill then developed interest to me.