Soft Machines: Intel's acquisition of Soft Machines confirmed; Russian state-backed funds exited with profit

Intel has acquired Soft Machines, a Santa Clara-based chip designer operating in the USA, India and Russia. The US corporation bought the stakes of the existing investors, which included two Russian state-owned corporations, the fund of funds RVC and nanotech giant Rusnano, along with AMD, Samsung and other companies. Revealed by the media in September last year, the deal [...]