Intel to Acquire Austin x86 Dev Team from Via Technologies

Via Technologies announced plans to offload part of its Centaur Technology x86 CPU subsidiary to Intel for $125 million. The Taipei, Taiwan-based company will retain its right to develop, build, and sell x86 processors, its CPU-related patents, and some engineers. However, it will allow some of its engineers from Austin, Texas, to join Intel. As a result, the CPU giant will get another team of experienced engineers.

"Intel will recruit some of Centaur's employees to join Intel with certain covenants from the Company for Intel's recruitment," a statement by Via Technologies with TWSE reads. "As consideration, Intel will pay Centaur $125 million. […] Closing of the transaction is contingent on certain conditions in the agreement to be satisfied. Payment will be made in full upon closing."

The announcement of the deal (first noticed by AnandTech) raises more questions than it gives answers. The agreement involves the personal wishes of Centaur employees, but does not include any fixed assets or intangible assets, said Chen Baohui, CFO of Via Technologies, at a press conference held in Taipei, Taiwan, reports UDN. He also stressed that the transaction could not be considered a sale of Centaur or the team (even though Centaur's website has been taken down). In fact, the company did not even specify the actual matter of the transaction or its timing. 

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Anton Shilov
Contributing Writer

Anton Shilov is a contributing writer at Tom’s Hardware. Over the past couple of decades, he has covered everything from CPUs and GPUs to supercomputers and from modern process technologies and latest fab tools to high-tech industry trends.