Financials, Technology, Consumer Staples Oct 22, 2021 11:08 AM (GMT+8) · EqualOcean
According to media reports citing people familiar with the matter, the acquisition negotiations between Intel and sifive have ended and no agreement has been reached. The chip design start-up will turn to seek external investment. The two companies were unable to agree on financial terms and the negotiations broke down. Intel did not comment on the report, while sifive said it would not comment on various speculation, but confirmed that it would continue to be Intel's partner in new chip design.