News Archive for 08/04/23

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Apple buys PA Semi

04/23, 9:40am

Apple buys chipmaker PA Semi

In an unusual deal, Apple has announced a decision to buy PA Semi, a microprocessor design company. An Apple spokesman, Steve Dowling, has declined to elaborate on the reasons or terms of the deal, except to say that Apple "buys smaller technology companies from time to time," and it does not comment on "purposes and plans." It is atypical however for the company to buy hardware firms, particularly as it has come to rely on ready-made components from a variety of manufacturers such as Intel, Samsung and Infineon. A source cited by Forbes claims the deal cost $278 million in cash.