- General
- April 16, 2019
- 4 minutes read
Intel Acquires Omnitek
Intel CEO Bob Swan image: Intel Intel has announced it has acquired Omnitek, a Basingstoke, England based provider of optimized…
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| Intel CEO Bob Swan
image: Intel
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Intel has announced it has acquired Omnitek, a Basingstoke, England based provider of optimized video and vision FPGA IP solutions founded in 1998. Terms of the acquisition deal which marks the second since Bob Swan took over as CEO were not disclosed. The Santa Clara based chip manufacturer says it’s transforming to compete for what is a $300 billion market for silicon. It estimates the market for programmable solutions — which it’s getting with this acquisition — represents $8 billion of that opportunity.
Many of Intel’s customers already utilize FPGAs in visual-related and video applications. Omnitek has developed more than 220 FPGA IP cores and companion software that it says “significantly improve time-to-market for customers”. The England based company has also leveraged its signal processing prowess to come up with IP solutions that it says “deliver FPGA-market leading performance in AI inferencing.”
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| Sandra Rivera, Intel senior vice president and general manager of the company’s Network Platforms Group
image: Intel
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“From data centers to devices, compute-intensive applications like 8K video and artificial intelligence require a multitude of innovative compute engines. FPGA devices play an increasingly critical role, often complementing other processing architectures, and Intel is at the center of this revolution,” Omnitek CEO Roger Fawcett said in a statement.
Omnitek’s intellectual property (IP) and engineers are being integrated with that of Intel’s Programmable Solutions Group with this acquisition.
