At CES, Intel announces deal to buy Silicon Mobility SAS


Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric-vehicle energy management.

The purchase is one of the plans Intel
announced at CES to bring its “AI everywhere strategy into the automotive market.”

Silicon Mobility SAS is a portfolio company of Cipio Partners and Capital-E. An Intel press release didn’t give the purchase price. In 2018, the company reported that it completed a $10 million Series B round of funding.

Las Vegas News Magazine

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More