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Amazon in talks to buy Texas Instruments’ smartphone & tablet OMAP chip activity: Report

Amazon in talks to buy Texas Instruments’ smartphone & tablet OMAP chip activity: Report | cross pond high tech | Scoop.it
Texas Instruments (TI), which recently announced that it will wind down its operations in smartphone and tablet oriented OMAP chips and instead focus on embedded platforms, is engaged in ‘advanced negotiations’ to sell that particular line of business to one of its largest customers: Amazon.com.

Such a deal would be worth ‘billions of dollars’.

The news was reported by Assaf Gilad from Calcalist.co.il (in Hebrew), but hasn’t been confirmed by either company at this point. Gilad has a track record of getting stories like this exactly right, by the way. He was first to report Apple’s interest in Israeli fabless semiconductor company and flash storage solutions provider Anobit, for example, and we know what happened next.

According to the report, Amazon.com is looking to acquire TI’s high-end processor activity so it can exert more control over the chips running its Kindle Fire tablets and the accompanying smartphones it probably has in the works.
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Scalado being acquired by Nokia

Scalado being acquired by Nokia | cross pond high tech | Scoop.it
Nokia will acquire developers, technologies and intellectual property for imaging from Scalado. Nokia plans to make Scalado's headquarters in Lund a key site for Nokia's imaging software for smartphones, in addition to Nokia's existing locations in Espoo and Tampere, Finland.
The transaction is subject to customary closing conditions and is expected to close during the third quarter of 2012.
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