Acquired by Intel
Industries ComputerConsumerHardwareSemiconductorSoftwareHeadquarters Regions San Francisco Bay Area, Silicon Valley, West Coast Closed Date Feb 2019 Founded Date 2011 Founders Balaji Kanigicherla Operating Status Closed Last Funding Type Series C Legal Name Ineda Systems Inc.
Company Type For Profit
Contact Email info@inedasystems.com Phone Number 408-400-7375
Ineda Systems is a startup company that was created by industry veterans from the US and India with the ultimate goal of becoming a leader in developing low power SOC’s for use in both consumer and enterprise applications. The advisory and management team has world-class experience of working in both blue-chip companies as well as fast-paced
technology start-ups. Ineda's expertise is in the area of low-power SOC/IP development, architecture, and software that is necessary to design silicon and systems that would be of use in future applications.
Their products will address the wearable platforms from a ground-up manner including vertical engineering of the wearable device: silicon, system, software, application ecosystem. In addition, they will enable the ecosystem with API’s and the application development framework. In combination with their leading-edge technology
Ineda silicon will be the first in the world with power usage in the envelope required by wearable devices.
Transaction Name Ineda Systems acquired by IntelAcquired by IntelAnnounced Date Feb 18, 2019